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LG Display plans to make 9.2 million units of large-size OLED panels next year: Report

In terms of OLED panels with better display effects, Samsung Display and LG Display, the two major Korean manufacturers, have obvious advantages.

Among them, Samsung Display has advantages in small and medium-sized OLED panels used in smartphones. The advantage of LG Display is in the large-size OLED panels required for TVs and the like.

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According to the latest report, LG Display, which has obvious advantages in large-size OLED panels, has set a goal for next year. They plan to produce 9.2 million large-size OLED panels.

Moreover, 5.4 million units of the large-size OLED panels that LG Display plans to produce next year will be produced in Guangzhou’s factory, and the remaining 3.8 million units will be produced in Paju, South Korea.

LG Display large size OLED PanelIf the news that LG Display plans to produce 9.2 million units of large-size OLED panels next year is true, it means that production will continue to increase year-on-year, an increase of 1.4 million from the planned shipment target of 7.8 million this year.

It is worth noting that the Korean media also mentioned in the report that LG Display plans to obviously produce 9.2 million large-size OLED panels, excluding the parts that may be supplied to Samsung.

It has been previously reported that Samsung’s OLED TVs plan to use quantum dot OLED panels produced by Samsung Display, but due to limited production capacity, they may purchase large-size OLED panels from LG Display.

The two companies have also negotiated. Supplying 2 million pieces to Samsung this year, but the negotiations between the two sides stopped in May this year, and LG has shown that the shipment target of 7.8 million large-size OLED panels this year may also be difficult to achieve.

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