LG Display will start production of smaller 48-inch 4K OLED TV panels next year, the display maker's vice president has confirmed to China Business News.
Smaller OLED TVs
Currently, LG Display is the only company capable of mass-producing OLED TV panels. These panels go into OLED TVs from LG, Panasonic, Philips, Sony, Skyworth, Bang & Olufsen, and others.
In an interview, LG Display's vice president of the TV business told China Business News (via Korean newspaper TheElec) that a smaller 48-inch OLED TV panel will be rolling out sometime in 2020.
- "It’s a strategy to solidify our footing in the high-end TV market, while continuing to have presence in the standard and premium segments," Oh Chang-ho, vice president of the TV business, LG Display, told China Business News.
LG Display has on several occasions confirmed that a 48-inch panel is on the roadmap but has, until now, declined to comment on the timeline.
The remarks came during a press tour in China where LG Display is setting up a second 8.5G factory for mass production of OLED TV panels. The new factory will be located in Guangzhou and is expected to almost double production capacity from 70,000 to 130,000 substrates per month. The company is also setting up a third and more advanced 10.5G factory in Korea.
The 48-inch OLED panel will feature 4K resolution giving it a pixel density of 91.8 PPI (pixels per inch). The current 65-inch 4K OLED panel has a a PPI of 67.8, while the new 88-inch 8K OLED panel has a PPI of 100.1.
LG Display is expecting to manufacture and sell 4 million OLED TV panels this year, of which 300-400,000 will be sold in China. The company is projecting sales in China to grow to over 1 million next year as its new factory gets online, and worldwide sales to grow to 7 million.
- Source: China Business News via TheElec, photo by OLED-Info.com