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LG Display unveils wallpaper OLED panel

LG Display retained this year's sales target for OLED panels at 600,000 units and 1.5 million units for 2016

19 May 2015 | Editor

According to a report on the Yon Hap news websites LG Display has exhibited an ultra-thin (0.97mm thick) 55-inch OLED TV panel that attaches/detaches to a wall via simple magnetic fixture, as the company demonstrates its commitment to focus on the high-end display as a future engine of growth.

The new product is far slimmer compared with LG Display's existing flagship 55-inch OLED panel that is 4.3 mm thick.

LG Display also exhibited a convex OLED panel that is expected to be adopted as digital signage for large-scale outdoor advertising.

LG Display - Ultra-thin OLED TV wall mounted

Figure: LG Display - Ultra-thin OLED TV wall mounted

Yeo Sang-deog, the head of LG Display's OLED division, said:
  • The company vowed to ramp up OLED production from the third quarter of this year to a substantial level that can meet clients' demand
  • We should be able to supply a satisfactory volume to our clients from July or August, which means we're hoping to buckle down production as well as promotion from the third quarter
  • He however, declined to elaborate further on which clients have shown interest in LG Display's OLED panels, other than its affiliate LG Electronics, to whom it sells a bulk of its products
  • LG Display retained this year's sales target for OLED panels at 600,000 units and 1.5 million units for 2016
  • Improvement in yields for OLED panels was cited as a key factor that will help achieve such a sales target
  • It has taken a year and half for us to raise the yield to this level (for OLEDs), while it'd taken nearly 10 years to achieve the yield for LCDs
  • It will also continue to upgrade its plastic OLED technology in the small- to mid-sized segments, such as transparent displays and rollable and flexible displays to be used for wearable devices or vehicle dashboards
An unnamed senior executive is reported to have said, "LG Display will keep to its focus on large screens, with a plan to introduce an OLED panel as big as 99-inches later this year."

english.yonhapnews.co.kr    www.lgdisplay.com   

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