Apr. 05, 2018 ---- According to media reports, LG Display's factory in Paju, Gyeonggi-do, Korea, blew up on the afternoon of April 4. The scene was densely smoked. After the firefighters arrived, all the personnel were rescued, but there were four. Workers were sent for medical treatment because of a bruise. WitsView consulted with the Optoelectronics Research Center (WitsView) and pointed out that the fire was caused by a ventilating line for discharging corrosive gas from the wastewater treatment system. Due to the impact of flammable materials such as foam on site, The fire spread out four hours later. Fortunately, this fire did not affect the body of the Paju Line, and it had limited impact on the supply and demand of the relevant panel market and the impact of quotation.
WitsView pointed out that the Paju Plant is a production center of LG Display. In addition to the total capacity of 8.5 generations of liquid crystal production lines exceeding 500,000 each month, the production capacity of 8.5 generations of OLED panels with more than 60,000 pieces is also located in the plant area. , The panel products mainly produced cover mainstream sizes including televisions, monitors, and laptop panels. Since the fire did not occur on the production line itself, and after a short-term internal inspection after the disaster, production resumed. Therefore, WitsView believes that Accidents will not have a direct impact on the production of these products, and there will be very limited impact on the supply and demand of the relevant panel market.
