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LG Display to develop world’s first 10th-gen OLED assembly line

LG Display to develop world’s first 10th-gen OLED assembly line

By BizLED Bureau

Feb 10, 2017: With market trend for bigger OLED TV panels becoming stronger, LG Display is considering to develop the world’s first 10th-generation OLED assembly line in Paju, South Korea. The company said that a final decision will be taken in the first half of 2017, and mass production will start in the second quarter of 2018.

According to the company, the 10th-generation OLED assembly line has been optimized for 65-inch television panels. It will manufacture the world’s first and largest OLED panels. Currently, LG’s 55-inch panels from the 8.5-generation assembly line are the biggest in such panels category.

Since 2015, LG Display has been building facilities in the Paju plant for small and large OLED panels with an investment of $8.7 billion (10 trillion won).

LG is likely to develop this 10th-generation OLED assembly line because the company wants to stay ahead of its rivals, particularly Chinese rivals who are into LCD panels.

Recently, Chinese tech giant BOE has completed the world’s biggest 10.5-generation production line for LCD panels in Hefei. China Star Optoelectronics Technology has also said that it would invest about 8 trillion won in Shenzhen for 11th-generation LCD panel lines. Taiwanese company Hon Hai Group, which has acquired Sharp, is also planning to build a 10.5-generation LCD plant in Guangzhou.

LG is also reviewing to develop vacuum evaporation facilities jointly with equipment company YAS for 10th-generation OLED panels.

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