South Korea's LG Display panel manufacturers recently held OLED panel "rectification activities."

Recently, the South Korean panel makers LG Display OLED business minister Lu Xiangde, told reporters, "the company's OLED TV production, sales, marketing, quality and other aspects have been fully prepared." He also believes that three years, 50% of the global high-end TV market will be occupied by the OLED.

Lu Xiangde told reporters that after three years of improvement activities, LGD 55-inch and 65-inch OLED4K panel yield has now reached more than 80%. In addition, OLED panel life has reached 50,000 hours. Ordinary families can watch for 17 years. 38634-5108

LGD is the world's largest panel in the field of large-size OLED panel inputs.

According to report, LGD in the large-size panel has E3 and E4 two OLED 8 on behalf of the line, the total capacity of 34,000 a year glass substrate. In November 2015, LGD also announced plans to invest 10 trillion won in Paju, Korea, a new OLED panel line. The planned P10 plant is planned to do more than 9-generation lines, the goal is to make large-size and flexible OLED panels.

Lu Xiangde to reporters, to September this year, LGD OLED TV panel sales totaled 100 million units. At present, domestic TV manufacturers in Skyworth, Changhong, Konka has joined the OLED camp.

While the OLED production capacity goal is also rising. Lu Xiangde told reporters that LGD in August this year, a single month of OLED panel production reached more than 10 million units. 2016 annual production target is 100 million units, in 2017 through the production line to increase production target is 200 million units, while the 2018 goal is 2.5 million units. tda7580

In the large-scale OLED panel behind the input, LCD panel is facing growth stagnation. The number of 8.5-generation line of LCD panels launched into production, as well as the BOE 10.5-generation line and Huaxing Power 11-generation line launched, so that the external concern LCD panel production "blowout." At the same time, LGD provided data show that in recent years, LCD TV market has become saturated, from 2014 to 2020, the average annual growth rate of only 1.4%.

But OLED to replace the LCD is clearly too early. According to Display Search statistics and projections, is expected by 2017 global LCD TV shipments will reach 245 million units, OLED TV is only 3.3 million units.