LG Display Invests Even More in OLED

Posted by at 9:56 am on May 2, 2016

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According to a spokeswoman for LG Display, via Reuters, the display panel company will increase their investment in OLED production by $395.99 million USD. Back in November, we reported on their plans to produce an $8.7 billion USD facility that was expected to manufacture panel sizes that range between smart watch and large TV.

Now OLED is getting even more attention. The display technology is better suited than LCD/LED in terms of both real contrast and high refresh rate / low persistence, with the former good for deep blacks and saturated colors, and the latter for VR, 3D, and generated content like games. We’ve seen a few professional monitors announced at CES, but they are still in the very high price range. But the prices have been dropping fast over the last 12 months.

This is before LG Display’s production facility wakes up in 2018, and LG is known to push lower prices into markets.

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