BusinssKorea reported on the 16th that although LGD claimed that P2, P3 and P4 will not be used for other purposes, some market participants predict that these production lines may turn to high value-added products such as OLEDs and very large high-resolution LCD panels.
LGD November 15 quarterly report shows that the P4 plant in Gumi (5th generation LCD panel plant) has officially closed in October due to the 3.5 generation plant P2 has been closed, the fourth generation plant P3 will also be closed by the end of the year, LGD currently Responsible for manufacturing 5 generations of the following LCD panel plant only one, that is P5.
Han claimed that at the moment it is not planning an additional investment in LCD panels and that high-end customers want to buy high-resolution products, and LGD intends to respond to this investment.
LGD currently holds the 8th generation LCD panel plant (P8, P9) as the main production line, has introduced a variety of differentiated products, such as ultra-large high-resolution UHD TV panels and displays.The company is scheduled by the end of 2020, OLED Industry investment 20 trillion won (equivalent to 18.88 billion US dollars), the plant is located in Paju P10, E6, located in Gumi E5, as well as a plant in Guangzhou, China.
On the other hand, LGD recently started to add OLED devices to expand the production capacity of small and medium-sized OLED panels. DB Securities research shows that LGD investment in OLED devices next year, 8.5 trillion won, a 21.4% increase over this year, the purpose is to make Small and medium-sized OLED production capacity reached 37,500.