Seeing OLED as the future for displays, LG bets big on new factory

LG is spending $380 million on a factory to make OLED screens

Ultra-vivid OLED screens could replace LCDs in TVs, PCs and mobile devices, and LG wants to be ready for that.

LG Display, a unit of parent company LG Electronics, is investing US$380 million in a production facility for OLED panels to address "growing market demand," according a SEC filing on Tuesday.

The investment could indirectly help reduce the price of OLED TVs, which are more expensive than LCD/LED TVs. Some OLED TVs are already available, but price tags are high largely because they are expensive to make.

Monitors and laptops with OLED screens were shown for the first time earlier this month at CES, but the estimated cost of putting OLED panels in PCs is twice that of LCD panels, said David Hsieh, director of display research at IHS in an interview earlier this month. The price of panels can be driven down through volume manufacturing, Hsieh said.

Samsung is the dominant provider of OLED screens today. The OLED PCs and monitors shown at CES used panels from Samsung, which also provides displays for many mobile devices and wearables. With its factory investment, LG hopes to catch up with Samsung.

OLED screens are brighter, thinner and consume less power than LCD technology, which dominates flat panels. The absence of lighting back-panels in OLED displays makes them thinner and more power-efficient than LCDs. A thinner layer of organic material lights up when current passes through it, which helps save power.

An LG 55-inch OLED TV is available now for $1,800. LG also wowed CES attendees with a transparent display that could be bent.

But issues remain, and many of them are similar to problems that early LCD technology had. There are questions about durabiity, and burn-in issues -- involving images that stay on screen even after a computer has been powered down -- have also been identified.

The factory investment will begin in the first quarter of 2016 and last through the second quarter of 2017, LG said.

Join the newsletter!

Or
Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Agam Shah

IDG News Service
Show Comments

Essentials

James Cook University - Master of Data Science Online Course

Learn more >

Mobile

Sansai 6-Outlet Power Board + 4-Port USB Charging Station

Learn more >

Victorinox Werks Professional Executive 17 Laptop Case

Learn more >

Exec

Budget

Back To Business Guide

Click for more ›

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?