Your browser is not Javascript enable or you have turn it off. We recommend you to activate for better security reason<div class="billede"><img src="pictures/mini-lgoledultimate.jpg" alt="LG invests 655 millon in OLED plant"></div>LG invests $655 million in OLED-TV plant - FlatpanelsHD LG invests 655 millon in OLED plantLG invests $655 million in OLED-TV plant">

LG invests 655 millon in OLED plant
LG invests $655 million in OLED-TV plant

18 Feb 2013 | Rasmus Larsen |

LG’s 55-inch OLED-TV will be released in South Korea in a few days – but the price remains high. Now, LG will invest $655 million USD in a new mass production facility to bring down prices. It is a so-called 8. generation plant, confirms LG.

LG invests $655 million in OLED-TV plant

LG has announced that they will build a new OLED-TV factory in South Korea. The project is a so-called 8G (eighth generation) plant that can produce 26,000 substrates per month; each of which can be cut into six 55” OLED-TV panels. That puts monthly production at around 156,000 OLED-TVs (if the yield rate is 100 %) but production will increase over time.

Most LCD panels are also produced at 8 or 8.5G plants today.

LG 55EM9600
LG’s 55-inch OLED-TV is available in a few days in South Korea but LG has grander plans for 2014

Construction of the OLED plant will be initiated sometime in Q1 2013 and is expected to be completed in the first half of 2014. LG.Display will invest 706 billion Korean Won - or around $655 million USD.

LG and Samsung are racing to get a head start in OLED technology and production as OLED is considered the next big step for the display industry. LG was first to market with an OLED-TV and so far 100 Koreans have pre-ordered the crazy-expensive $10,000 OLED-TV.

When LG’s 8G OLED plant gets into full swing production costs should fall drastically, so we expect that LG will be able to release more moderately priced OLED-TVs starting next year.

- Source: LG.Display

Latest news


F1 TV gets AirPlay, Chromecast support – Apple TV, Android TV, FireTV apps coming later

09 Mar 2021 | Rasmus Larsen |
Sony X95J

Sony 2021 TV line-up

08 Mar 2021 | Flatpanels |
Apple TV Arcade

Rumor: New Apple TV hardware at March 23 event

08 Mar 2021 | Rasmus Larsen |
TV energy labels

New TV energy labels: Before and after

05 Mar 2021 | Rasmus Larsen |
Xbox Series X energy

Report: Xbox Series X/S 'instant on' could cost users $500m in the US alone

04 Mar 2021 | Rasmus Larsen |
Mimi on Philips TV

Philips 2021 TVs can match sound to your individual hearing profile

04 Mar 2021 | Rasmus Larsen |
Reavon UHD Blu-ray players

Two new UHD Blu-ray players from newcomer Reavon launching in April

03 Mar 2021 | Rasmus Larsen |
PlayStation Video

Sony PlayStation Store will no longer offer movie purchases & rentals

03 Mar 2021 | Rasmus Larsen |