toggle

AAPL Stock: 123.35 ( + 0.58 )

Printed from http://www.macnn.com

LG Display invests $657M into OLED production lines

updated 10:49 am EST, Mon February 18, 2013

New line in South Korean factory to produce TV panels

LG Display is planning to boost its organic light emitting diode (OLED) efforts with a 706 billion won ($657 million) investment. The boost of cash will go towards an eighth-generation OLED TV panel manufacturing line at its P9 plant in Paju, South Korea, expanding its current manufacturing processes by a considerable amount.

The investment will focus on WRGB OLED evaporation processes in the first quarter, with mass production expected to take place in the first half of 2014, with a maximum production capacity of 26,000 input sheets per month. After launching its first 55-inch OLED TV, Engadget suggests that the new manufacturing line is likely to become a core component in the construction of its successor in the future.

The new production line funding follows recent news that Apple hired a former senior researcher at LG Display. Dr Jueng-jil Lee was involved in LG's efforts to create a printed AMOLED TV, and previous to that he worked on polymer-based OLED materials. The hiring suggests that Apple could be using OLED in some capacity in the future, though the exact purpose remains unknown.




by MacNN Staff

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

15-inch MacBook Pro with Force Touch

Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

Typo keyboard for iPad

Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

Entry-level 27-inch Retina iMac

The 27-inch Apple iMac with 5K Retina display is already one of the best value-for-money Macs that Apple has ever released. It was som ...

toggle

Most Commented