The time for OLED is now. LG announced that its OLED TV panel factory in Guangzhou, China, has actually gone into mass production, producing an additional 60,000 substrates (each divided into multiple OLED panels) per month, nearly doubling manufacturing capacity. existing businesses. This rather positive news comes after multiple reports of hiccups and delays at the factory, where LG had until recently struggled to get mass production up and running. It should be noted that LG Display also supplies OLED panels to Sony, Philips and Panasonic for their own OLED TVs, increasing the production needed to meet the demand for OLED TVs across all these brands.
More TVs with smaller screens
The new factory is expected to play a pivotal role in LG's OLED TV projects in the coming years, as it will manufacture panels of all sizes, including the latest 48-inch, as well as 55-inch, 65-inch. and 77 in. Inch screens. This year's excellent CX OLED comes in all four sizes, and the successful expansion of the 48-inch panel, in particular, is likely to be a determining factor in whether other TV series in 2020 or 2021 will follow suit. size. At a time when many buyers are expecting price cuts for OLED packages, a smaller 48in offers hope, and we really can't wait for the LG BX OLED to arrive, which will be the cheapest new OLED. of this year. Increased production could also lower the average cost to manufacture a single OLED TV, and we can only hope these savings are passed on to consumers, though we imagine with reduced forecasts for TV sales. OLED, LG will primarily be looking to ensure that its finances stay green. Via info OLED