LG Display recently announced the ** major investment decision just passed by the board of directors. First, P10 expanded the G10.5 large-size OLED production line. It may be first mass-produced by LCD until the technology matures, and will be converted to OLED in the long run. G10.5 will use printing technology. Secondly, a new G8.5 generation OLED panel production line in Guangzhou will have an additional capacity of 60,000 tablets per month and volume production is expected in 2019. Finally, G6 POLED production line will be expanded to add 30,000 new chips/month. These three investment plans are all related to OLED, and two of them are high-generation OLED production lines, which have aroused widespread concern in the industry.

LG Display announced recently that the board of directors has just passed a major investment decision

OLED TV panels are currently supplied exclusively by LGD, and Chinese manufacturers, BOE, also have experimental lines. Previously, LGD was very cautious about investing in high-generation OLED panel production lines, with slow growth in production capacity. Over the years, with the support and fostering of LGD and its strategic customers, consumers in various regions of the world have gradually increased their awareness of OLED TVs and their technological advantages. Especially in the European and American markets, OLED's market share in the high-end TV market has increased significantly. Therefore, in 2017, the OLED TV market also ushered in Sony's accession.

Image quality and appearance are the main axes of display technology enhancement. OLED TVs continue to represent the next generation of display products with their excellent image quality performance and flexible form expectations.

In 2022, the global OLED TV panel market will reach 7.5 million units

LG Display suddenly announced two high-generation OLED panel investment plans, we can see that its investment in OLED TV panels significantly accelerated the pace of the market has brought more expectations. According to Sigmaintell's estimation, in 2017, thanks to capacity expansion and improvement in yield, the global shipment volume of OLED TV panels is expected to reach 1.6 million units, and the penetration rate will increase to 0.6%, and in 2019, it will increase with Guangzhou. The production volume of the G8.5 generation OLED production line will accelerate the penetration of OLED TV panels. It is estimated that by 2020, the global shipment of OLED TV panels will reach 4 million units, and the penetration rate will increase to 1.6%. By 2022, the global OLED TV panel will reach 7.5 million units, and the penetration rate will increase to 3%.


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