• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About Strata-gee
  • Contact Us
  • Free Newsletter
  • Sponsor Strata-gee
  • Privacy Policy
  • Latest Posts
  • Strategy
  • Technology
  • Products
  • People
  • Statistics
  • Financial
  • Legal
  • Economic
  • Events

Strata-gee.com

Strategy in TECH...

Sonance James Small Aperture Series
You are here: Home / Asian Connection / Deepening Investment, LG Display to Mass Manufacture OLED Light Panels

Deepening Investment, LG Display to Mass Manufacture OLED Light Panels

May 5, 2016 by Ted 1 Comment

LG OLED lightingLG Display announced this week that it will invest in a production line to build OLED panels for use in lighting solutions. The move is seen as the company deepening its commitment to OLED technology and seeking new business segments to expand the popularity of the technology.

See more on this interesting new use case for OLED…



You may not know that LG Display is the world’s largest manufacturer of liquid crystal display panels. But the company is clearly looking to build its OLED business and will invest heavily to do so. According to a report by the Nikkei, LG Display will invest 140 billion won ($123 million) to install a production line in a new factory being built in Gumi specifically to make OLED lighting panels.

The factory being built is predominantly designed to manufacture OLED displays for televisions. But the company is seeking to expand its capabilities into manufacturing OLED panels for lighting. The plan calls for the factory to come online sometime in early 2017.

AudioControl Single Zone Amps
Flexible OLED lighting panel
A flexible lighting panel made by LG Chem


This new production line’s capacity is 15,000 1 meter-by-1.2 meter substrates for OLED light panels per month. These panels will be sold by the LG group, as well as supplied to companies outside of the group, with the goal of expanding the market for OLED panels used for lighting.

As you most likely know, LG Display is already making OLED panels for both televisions and smartphones. This move is designed to increase the popularity of the technology, perhaps such that it can overtake LCD technology.

OLED lighting panels
OLED lighting panels are said to emit broad spectrum or near natural color characteristics.

According to the Nikkei report, OLED lighting is comparable to LCD lighting as far as low power consumption and longevity of the device. But OLED also offers bendable capabilities and cooler operation as compared to LCD.


Share this post:

  • Tweet
  • Click to share on Reddit (Opens in new window) Reddit
  • More
  • Click to email a link to a friend (Opens in new window) Email
  • Click to print (Opens in new window) Print

Like this:

Like Loading...

Related

Filed Under: Asian Connection, Brands, News, Science, Tech Trends Tagged With: LG, LG Chem, LG Display, lighting, OLED

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Search

Sign-Up for Our FREE Newsletter

loader

Latest Posts

New Housing Starts in June Rebound 4.6% From May, But Remain Below 2024

Permits Issued in June Send a Clear Warning Signal It's a bit of a mixed bag … [Read More...] about New Housing Starts in June Rebound 4.6% From May, But Remain Below 2024

  • Premium Audio Company and Pioneer Corp Formally End Partnership
  • A Tough Task, A Turbulent Time; Yet Manley Labs Owner Overcomes All to Achieve the American Dream
  • Latest Financial Results for Samsung and LG Show Impact of Trade Troubles

Categories

Sponsors

Crestron Register for Expo
AudioControl Single Zone Amps
Sonance James Small Aperture
Savant

Tag Cloud

acquisition Amazon Apple AudioControl B&W Bowers & Wilkins CEDIA CEDIA Expo CES Control4 Core Brands COVID-19 Crestron D&M Holdings Denon Emerald Expositions Foxconn Gibson Brands Gibson Guitar Google headphones Henry Juszkiewicz Hon Hai Precision Industry Co. housing starts Integra Joe Kiani LG Masimo Nortek OLED Onkyo Panasonic patent infringement Pioneer Samsung Savant Sharp smart home SnapAV Snap One Sonos Sony Sound United SpeakerCraft Toshiba

Footer

Got News?

HEY PR & Marketing Pros: Have NEWS for Strata-gee readers?

Send it to: HotNews@strata-gee.com

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Sponsor Strata-gee

Strata-gee Ads

Archives

Translate

Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

Follow Ted Green

  • Facebook
  • X
  • LinkedIn
  • Instagram

Copyright © 2025 Strata-gee.com · The Stratecon Group, Inc. All Rights Reserved · Log in

%d