July 27, 2015 IBOMLLC Team

LG Sets Up A $900m Plant To Manufacture Roll-up OLED Displays For Phones, Smartwatches…

LG Sets Up A $900m Plant To Manufacture Roll-up OLED Displays For Phones, Smartwatches…

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

Following the unveiling of an impossibly thin wallpaper-like OLED Display with a dimension of 55 inches and weighing in at just 1.9Kgs (4lbs).

The demand for these roll-up OLED displays from LG has been exploding. So much so that the electronics manufacturer has embarked on a plan to set up a $900m roll-up OLED Displays production plant in Korea.

The plant is expected to be up and running by 2017, at which point LG says it will be able to make about four times as much as its current production of the roll-up displays. LG is targeting small screened devices like smartwatch, smartphones and tablets that would enhance user’s experience with the bendability characteristics.

Already, most of the high-end electronic devices from LG and its competitors like Samsung and Apple are using the OLED technology to make the displays. The smartphones use P-OLED while the smartwatches use AMOLED technology.

LG also intends to build another larger plant in the future that will cater for the production of TV-sized displays using the same 6th generation manufacturing system. Its rival, Samsung has already pledged $3.6 billion towards OLED production.

Sang-Deog, head …read more

Read more here:: LG Sets Up A $900m Plant To Manufacture Roll-up OLED Displays For Phones, Smartwatches…

      

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