LG in 2018 to expand the use of OLED TV panels, the largest increase of more than Liu Cheng

According to "Nihon Keizai Shimbun" reported that the South Korean panel maker LG has decided that in 2018 will produce up to 280 million sets of high-resolution OLED TVs for OLED panels, up 60% over 2017 production forecast due to the current global OLED TV panel exclusive supply by LG, the expansion plan, the OLED TV market share will be increased to 1%, OLED TV market will gradually gain popularity.

According to the report, LG plans to use OLED panels from 1.7 million units in 2017 to 2.5 million to 2.8 million units in 2018, an increase of 35% to 65%. In order to support the expansion plan, LG is expected to invest in 2017 Some 500 billion yen (NT $ 132.2 billion) will be financed at a total of three times the amount in 2016. As the market expands, the competition in the television market will become even more intense and the prices of products will decline significantly.

LG offers 13 panel TVs for TVs such as Japan's Sony and Matsushita Electric Industrial Co., Ltd. LG said that the market for OLED panels for TVs is almost 100% market-controlled. LG announced in October that its investment in equipment in 2017 will be about 700 billion yen (about NT $ 1,865 100 million yuan), 90% growth over 2016.

Market analysts believe that about 70% of investment in equipment for OLED panel investment is expected LG from 2018 to 2020, including the first investment in China's factories, plans to expand the OLED panel in China and South Korea an additional investment of 1 trillion yen (About NT 2 66.4 billion yuan) above.