LG Display want to introduce a 55 inch Oled-Television in mid 2012.
The CEO from LG-Display Kwon Young-soo says:
Instead of investing in Oled displays for mobile applications, the company will now put all its efforts into large screen sizes for TVs: LG-Display will launch a 55-inch Oled TV by the second half next year!
LG Display do not concentrate on small-medium sized Amoled displays for smartphones and tablet. Kwon sees here the future with the current AH-IPS LCD display technology.
Initial production volume would be only tens of thousands of units due to limited production facilities, but we will expand them to a mass production system, observing market reactions.
For a few weeks LG-Display produce small Amoled panels for the smartphone market. As a example the first customer of these panels is Nokia.
LG plans to expand its monthly Oled output capacity to 12,000 glass sheets in the latter half of 2011, from the current 4,000. It plans to mass produce Oleds in the third quarter this year.
‘We will make no more investment in the sector, judging that the Oled business is relatively less profitable than other products in the mobile sector.’
Instead of investing in Oled displays for mobile applications, the company will now put all its efforts into large screen sizes for TVs: ‘LGD will launch a 55-inch Oled TV by the second half next year,’ Kwon says.
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