LG Display gears up for plastic OLEDs

Business news |
By Julien Happich

The company has recently brought POLED manufacturing equipment to its E5 production line in Gumi, North Gyeongsang Province, South Korea, as part of an aggressive investment push to be a first mover in the mass production of bendable display panels.

LG Display has invested a total of 18 trillion won ($15.44 billion) in the Gumi manufacturing facility since 1995, reports The Korea Times.

“In the display industry, bringing in core manufacturing equipment has a symbolic connotation as a successful investment drive,” LG Display Chief Production Officer (CPO) Jeong Cheol-dong said in a statement. The Gumi plant is expected to become a key venue to manufacture small- and medium-sized POLED displays.
The new equipment will be placed at the firm’s E5 production line for which LG Display invested 1.5 trillion won in July last year in its bid to meet growing demand for flexible displays used for such products as smartphones and automobiles. 

A pilot test will be conducted this year before new equipment is taken to full POLED production within the first half of next year.

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