Full force OLED! LGD will shut down its LCD line one after another

The global panel giant, Le Gold Display (LGD), is very familiar with all of us. Its contribution to LCD is no less than Sharp, and its contributions and breakthroughs are obvious to all. In recent years, LGD has been aiming at a display technology that symbolizes the future - OLED. LGD has also spared no effort in the development of OLED. Recently, it is reported that LGD will gradually shut down the old LCD production lines, some of which will be converted to OLED applications, expanding the production capacity of smart phone panels, automotive displays, Lighting OLEDs and other small and medium size OLED products.

LG Display OLED Business Minister Lu Xiangde
Samsung Display previously decided to close the old LCD line with the same attributes at the end of 2016. According to the report of Korean media ET News, the industry is rumored that LGD will stop the second-generation (P2) and third-generation (P3) LCD line operations in the Gumi Plant in Korea from the fourth quarter of 2016; P6) Convert to OLED production line, or use plant idle space to increase OLED panel production capacity. LGD began reducing its 2nd-generation line, 3rd-generation line and 5th-generation line capacity from a year ago, and recently decided to stop the P2 line operation by the end of 2016. Some of the P6 production lines that originally produced low-temperature polycrystalline silicon (LTPS) LCDs have already begun conversion for use as plastic OLED production.

2015 LGD large-size LCD panel production exceeds 1.5 billion tablets
LGD decided to shut down the old LCD line mainly based on production efficiency considerations. Most of these production lines started to move from the late 1990s to the early 2000s. The specifications of the substrates were relatively small and the equipment was old. The production of small and medium-sized products such as tablet computers, notebook computers (NBs), and monitors was low-priced. Twisted nematic panel. The industry said that after LGD plans to close the old LCD production line, it will convert it to a small and medium size OLED production line. At present, the plan is to close P2 and P3 in sequence. The fastest time is about the fourth quarter of 2016. The P6 production line will only retain the AP2 production line that produces LTPS LCDs, and the rest will be converted into plastic OLED production lines.

LGD regards OLED as the future
LGD stakeholders said that the company is indeed evaluating that the P2 and P3 production lines should be retired, but there is no clear timetable yet. The old LCD production equipment in the Gumi plant will be gradually replaced by the production of small and medium size OLED equipment for smart phones and automobiles. The original manpower will be reconfigured to the OLED production line without additional organizational adjustments.

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