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Saturday, 29 Apr 2017

Korean panel makers to invest US$12.8 bn in OLED equipment to supply Apple

The investments will be primarily allocated to equipment for flexible OLED displays - and could deliver between 60,000 - 90,00 substrates per month

4 Jan 2016 | Editor

Several reports are suggesting that Apple may be about to finalise agreements with Samsung Display and LG Display regarding the supply of OLED panels. These two panel manufacturers are estimated to be considering making a combined investment of US$ 12.8 billion in production over the next 2-3 years to meet expected demand from Apple.

The investments will be primarily allocated to equipment for flexible OLED displays.

LG in particular is expected to expand capacity at various production facilities including Gen6 production, with the aim of producing 60,000 substrates a month in total capacity. The report said this would give the company approximately 200 million 5-inch displays a year.

The report believes that Samsung Display may be given a larger order as they are expected to be able to ship as many as 90,000 substrates a month - 50% more than LG at currently estimates.

www.digitimes.com    www.lgdisplay.com    www.samsung.com   



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