LG’s New Gen 8.5 Fab to Increase TV Panel Capacity to 140K Sheets/Month
September 03, 2018
LG Display reported that “it will produce 130,000 OLED sheets/ month, almost double the current 70,000 sheets/month at its 8.5th generation OLED production facilities in Paju, Korea, in the latter half of 2019 when mass production begins at its 8.5th generation OLED production facility in Guangzhou, China, which is now under construction. Capacity is expected to grow significantly when the company builds a 10.5th generation production facility currently under construction in Paju to manufacture large-size OLED panels. The expected MP date has not been announced by LG, but is expected in 2020. LG showcased an 88-inch 8K OLED TV, available for all show attendees to ogle. LG first showed the TV at a private showing at CES 2018 in January, The TV available is expected to be available for purchase in 2019 — with a price tag to match its size. LG isn’t the only brand bringing 8K to the show, as Samsung will also unveil an 8K QLED TV at IFA.
The company says it expects 8K TV sales to grow to 5 million units by 2022, possibly exceeding the growth of 4K over its first three years. It also estimates that the OLED TV market will grow from 2.5 million units this year to over 9 million units annually by 2022.As for content, the 8K OLED’s onboard upscaling of 4K content should make a considerable difference at 88 inches, and ultimately, 8K content will be here. Live 8K broadcasts are already underway. As for streaming? The bandwidth to support a quality 8K stream is hard to come by, and would likely eat up bandwidth caps in a hurry until 5G is readily available. Still, at such sizes, a compressed 8K signal would look superior to today’s 4K streams.