LG Display will expand its OLED production in the coming months

- Adrian Ungureanu
404

LG Display produces a monthly 22,000 units of the fourth-generation OLED panels, but it will start the operation of its new E5 production lines for the latest sixth-generation panels in the coming months. Thus, its total production capacity will reach 37,000 units per month.

Meanwhile, LG Display will supply organic light-emitting diode panels (OLED) for next flagship smartphones of its sister firm LG Electronics and China’s Xiaomi. The shipments are expected to start within the first half of this year. The panels are reportedly similar to the curved screens used in Samsung Electronics’ flagship models.

Sources said the panels are likely to be featured in the two handset makers’ bigger-screen models — LG’s V series and Xiaomi’s Mi Note — that come out in the latter half of this year.

LG Display produces a monthly 22,000 units of the fourth-generation OLED panels. It will start the operation of its new E5 production lines for the latest sixth-generation panels in the coming months. Its total production capacity will reach 37,000 units per month.

Currently, Samsung Display, which owns more than 95 percent of the smartphone OLED production, is the sole supplier for the upcoming iPhone.