November 17, 2014
LG Display will ramp up its M2 OLED-TV panel line next month, according to a report in South Korea's ET News quoted in English by Amy Fan and Alex Wolfgram in Digitimes.
As prevously reported, the new $640-million line is expected to have a monthly capacity of 34,000 units, quadrupling the company's current capacity. LGD will be producing 55-, 65- and 77-inch panels, at significantly higher yield -- and therefore at lower cost -- than has been possible in the past.
Digitimes Research reports that production concerns have caused LG Electronics to reduce its OLED-TV sales target for 2015 to 800,000 sets from 5 million. Digitimes Research expects OLED-TV prices to remain about double those Ultra-HD LCD-TVs through 2016, reported Fan and Wolfgram.
At Display Week this past June, Changho Oh, Senior VP for LG Display’s OLED TV Development Division 1, told me that the company’s Fab 1 was producing panels for LG’s 55-inch OLED TV at a 70–80% yield. That was a remarkab..Read more