LG Display to Invest Over US$900M Into OLED Technology Differentation

[TheLostSwede]

LG Display, the world's leading innovator of display technologies, announced today that it plans to make an investment in new OLED technologies at the trillion-KRW level to enhance its technological competitiveness and growth foundation. The company's board met on June 17 and approved an investment of KRW 1.26 trillion in new OLED technologies to secure a leading position in the display market.

It will focus on infrastructure development, including facilities for applying new OLED technologies. The investment period has been set for approximately two years, from June 17, 2025, to June 30, 2027. This investment is part of LG Display's mid- to long-term capital expenditure (CAPEX) plan, and efforts to improve the company's financial structure will continue independently of it.




LG Display plans to focus its facility investment related to next-generation OLED technologies primarily at its Paju campus. This move aims to proactively respond to growing global demand for OLED in the display market.

The company's strategy is to focus investment on developing premium products to continuously deliver differentiated customer value and widen the gap with competitors in the growing OLED market. This approach is based on the assessment that demand for high-performance premium OLEDs is increasing as technology evolves.

Through its investment, LG Display will concentrate on next-generation premium OLED panels and building module infrastructure. The investment decision was made after thoroughly verifying and preparing stable technology development, mass production systems, and market demand, aiming to secure both future growth drivers and enhanced profitability.

LG Display's decision to invest in OLED is expected to have a positive impact on the local economy of Gyeonggi-do, including Paju, where most of the investment will be concentrated. In particular, this is the first domestic investment of its kind since the sale of the company's Guangzhou LCD factory in China and is expected to contribute to the recovery of the national economy.

It not only involves large-scale direct facility investment but also anticipates indirect economic effects through collaboration with small and medium-sized partner companies. As a result, it is expected to have a positive effect on revitalizing local commercial districts.

"If last year laid the foundation for a turnaround, this year we will do our utmost to make it a year to leap forward," said Cheoldong Jeong, CEO and President of LG Display. "We will proactively develop differentiated technologies and products unique to LG Display to deliver customer value and lead the market."

View at TechPowerUp Main Site | Source

 

[bonehead123]

Well, that's a whole lotta KRW's goin on there, hahaha

But actually, it's only about $726M, still a sizable sum, but over there, that's a biggie buttload of moolah for sure.

Unfortunately, by the time they get this plan into action, those "nex-gen" panels will probably be "last-gen", unless the pace of technical evolution slows down a LOT...

 

[ninjafada]

with so much money could they made small screen like 7" 8" 10" with VRR plzzzzzzz

 

[billEST]

strange they factory is use at 50 to 60% level

 

[TheLostSwede]

Sounds like a research center not a factory.

Did you miss this line in the press release? Nowhere did it say it was a new fab.

It will focus on infrastructure development, including facilities for applying new OLED technologies.

 

[Rightness_1]

LG needs to figure out how to increase the color volume and spectral coverage of their OLED, it's bad compared to the latest Samsung QD-OLED panels. The G5 narrowed the gap, but it's not as good color as the QD-OLED. LG also needs to drop the white subpixel.

If I was running LG Display, I'd say that this would be my last major investment into OLED, and start focussing on Micro LED before Samsung beat them to it.

 

[Tomorrow]

LG needs to figure out how to increase the color volume and spectral coverage of their OLED, it's bad compared to the latest Samsung QD-OLED panels. The G5 narrowed the gap, but it's not as good color as the QD-OLED. LG also needs to drop the white subpixel.

If I was running LG Display, I'd say that this would be my last major investment into OLED, and start focussing on Micro LED before Samsung beat them to it.

They are. Their 4th gen Tandem-OLED's will raise the color volume and coverage to QD-OLED levels and these panels will also increase brightness while lowering power consumption. Increase in refreshrates are also expected. The white subpixel is still there as i understand, but there has been talk about moving to a true RGB subpixel layout. Perhaps with 5th gen, tho LG has not said so explicitly.

 

[Rightness_1]

They are. Their 4th gen Tandem-OLED's will raise the color volume and coverage to QD-OLED levels and these panels will also increase brightness while lowering power consumption. Increase in refreshrates are also expected. The white subpixel is still there as i understand, but there has been talk about moving to a true RGB subpixel layout. Perhaps with 5th gen, tho LG has not said so explicitly.

Interesting... So the panel used in the G5 is a 3rd gen tandem OLED? Because I know the color gamut (the RGB spectrum is a mess compared to QD-OLED, which has three very narrow and even RGB peaks) is pretty bad compared to the latest QD-OLEDs, but yes, the G5 mostly fixed the color volume issues, and did slightly widen the gamut, but it still limited, kinda halfway between the G4 and the QD-OLEDs.

I have an ancient LG C9 OLED, and it's as good today as it was nearly 6 years ago when I bought it, one of my best TV purchases ever. But I can see it's limitations in color gamut and volume compared to the latest and greatest. The G5 is so close to being perfect, but I am sensitive to the color gamut issues of LG OLED, and I can see the "burnt orange" reds my C9 puts out, and could still see it on the G4. I've yet to physically see a G5 in action, but I have been following it very closely, but am still put off by the limited gamut.