As the next-generation display technology, OLED's self-luminous, low-power, and flexible characteristics make it more likely to be used in the 5G era, and the expansion of upstream panel makers is driving the industry to crack capacity bottlenecks or lead OLEDs. Enter the "Golden Decade".
OLED capacity expansion accelerates
Samsung Electronics and LG Display, the two major panel makers in the world, are stepping up their production capacity of LCD (liquid crystal) panels and converting OLED (Organic Light Emitting Diode) panels on a large scale.
On August 29th, LG Display announced that the 8.5-generation OLED panel production line in the Guangzhou High-tech Industrial Development Zone was officially put into operation. This is the third production line established by LG Display in Guangzhou in 2006 after the construction of the module factory and the construction of the LCD panel factory in 2012. It is also the first large-size OLED panel production line built outside Korea.
According to reports, LG Display's Guangzhou OLED panel factory project has a total investment of 46 billion yuan, mainly producing 4K ultra-high-definition 55-inch, 65-inch, 77-inch and other large-size TV OLED panels, with an initial capacity of 60,000 glass substrates per month. .
LG Display CEO Han Xiangfan said that Guangzhou OLED panel factory will set up OLED industry structure together with South Korea's Paju OLED factory. Its completion and production fully demonstrates LG Display's emphasis on the Chinese market, and actively accelerates the layout of China's OLED industry chain and promotes high-end display. The determination of industrial development.