LG Display Moves Small/Medium Fab Up Priority List for Fab P10
June 5, 2017
 
ET News reports that LG Display plans to invest about 4 trillion won (US$3.50 billion) into a new production plant, called P10, expand production of OLED panels for smartphones, especially for the upcoming iPhone. Sources said the display maker had originally planned further investment for larger OLED for TVs but decided to pour more resources into mobile OLED considering the soaring demand from smartphone makers.  The P10 plant in Paju, Gyeonggi Province, is scheduled to be completed by the second quarter 2018 and will ramp up to a capacity of 60,000 substrates/month for the 6th gen fab in 2019.  Along with the P10, the company also plans to produce more mobile OLED sheets at its current two production lines -- the E5 in Gumi, North Gyeongsang Province, and the E6 in Paju -- from as early as next month. Following the planned expansion by 2019, the company’s production capacity is expected to surge to a monthly 120,000 units, about half of Samsung Display’s OLED capacity.
LG Display is also considering further investment for OLED for TVs. Sources say the company is likely to focus more on the Gen 8.5 OLED for now, rather than the latest Gen 10.5 considering related equipment and technologies have not yet been fully tested. 

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