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Company News >> LGD to Build OLED Panel Factory in China 26th,June,2018
                                         LG Display (LG Display) is about to start producing OLEDs at a new factory in Guangzhou to increase sales of next-generation screens as Chinese competitors prepare to enter the market.

According to Kang In-byeong, chief technology officer of LG Display, once the expansion of the Chinese factory is over, the Korean display manufacturer can manufacture 130,000 OLED panels per month. Although the schedule is delayed, his ideas will soon be approved.

According to informed sources, China is expected to approve South Korean panel maker LG Display to build an OLED factory in Guangzhou in the first week of July.

“China is about to approve LG Display’s plans to build an OLED production facility in Guangzhou in July,” said the executive. "LG Display has already solved pending issues with the Chinese authorities."

He said that China’s approval will be “conditional” because China hopes to help local display companies remain competitive through close cooperation with LG display. LG Display is the world's largest display supplier.

He said that the delay in factory approval was mainly due to "procedural problems." China has never asked LG to transfer its advanced OLED technology in exchange for approval.

In addition, LG Display decided to launch its OLED display in its new P10 manufacturing plant in Paju and to abandon production of large-size liquid crystal displays. Last month, LGD also signed a 10 billion won purchase order for equipment with Korean vapor deposition equipment supplier YAS, and continued to increase OLED investment.

Initially, LG Display plans to produce 10.5-generation LCDs at the new plant, but then converted the production line into an OLED production line. LGD made the above decision because of the rapid growth of Chinese panel companies and the negative impact of the global LCD market on the competitiveness of Korean companies, leading to a global LCD supply bottleneck.

LGD officials stated that the investment in P10 was indeed postponed, but the company will soon make a decision on this matter and what kind of manufacturing technology will be adopted. Part of the reason for the delay in P10 investment is that the show giant has not yet decided whether to use inkjet printing technology.

Compared to conventional evaporation methods, inkjet printing technology enables organic materials to be deposited more uniformly and accurately on glass sheets, but is still considered to be less mature. Mastering the core technologies has mastered the future. For the evaporative technology of the OLED production line, who is able to choose the best solution will be crucial.

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