The Price Gap Between LCD and OLED TV Panels Narrows to 60%
September 04, 2017
In-Byoung Kang, CTO of LGD, speaking at IMID 2017, announced that LGD’s OLED TV panels have reached cumulative yields of 85% moving the cost gap with LCDs to 60%. While the gap is still too high Kang believes that by adding capacity the costs will go down, although he didn’t provide any figures. Along with the improved yields, LGD’s CTO unveiled its prospective investment direction. LGD plans to build a 10.5G and a 8.5G OLED fab in Paju, Korea and Ghangzhou, China. By adding these lines, LGD will increase OLED large area capacity 7X the 2016 capacity by 2020 and 13X the current capacity for small OLED flexible displays. CTO Kang proclaimed that the functionality of a display will take on the role of a monitor and can interface with other devices including IoT, Big-data, AI and robots. He showed the example of a TV being used to demonstrate how new clothing would look on the user.
Figure 1: In-Byung Kang, CTO of LGD Announces OLED Investment Plans
Source: Etnews, OLED-A
According to Kang in 2016, OLEDs contributed 5% of LGD revenues; however, by 2020 OLEDs will produce 40% of the revenues