According to news reports from Kore1 News and Digitimes LG Display is likely to ship nearly four million display panels this year.
LG Display is reported they have shipped 1.3 million OLED TV panels in the first six months of 2018.
If LG Display follows their own production roadmap they are set to produce 3.7 to 3.8 million OLED TV panels in 2018 - almost doubling the 1.7 million shipped in 2017.
According the news reports LG Display has been putting significant efforts to build up its OLED capacity, mainly through two production facilities
- P10 fab in Paju - to be completed at the end of 2018
- Gen 8.5 OLED joint venture in Guangzhou (China) - to begin production in 2019
The report added by 2020, LG Display will ramp up its OLED panel production capacity to 130,000 substrates per month, up from 60,000-70,000 substrates per month currently.