LG.Philips became LG Display some time ago after Philips wished to withdraw from the collaboration. This has made LG one of the largest LCD panel manufacturers today and LG is now rearming with a new 8th generation LCD factory.
LG Display announces that they want to invest around 2.5 billion U.S. dollars in a new 8G (8th generation) LCD production facility set to be constructed in Paju, Korea.
The reason is, according to LG, growing demand for large LCD panels, and the new 8G plant can accommodate this. The 8G factory will focus primarily on the production of 55, 47 and 32 inch panels, but the factory can also produce even larger LCD panels such as 65-inch panels.
It is believed that the production line, with the nickname P8E, will be ready for mass production in the second half of 2010. Initially it will have a capacity of 60,000 substrates per month and in 2011 LG Display will expand capacity to 120,000 substrates per month.
From one 8G substrate you can cut for example eight 47-inch panels.