LG Display to move production line focus to the Guangzhou plant to provide massive home entertainment display demands. LG Display is expanding their production line to manufacture 77", 83", 97", and 111" OLED panels. It means if you need a TV bigger than 85", there will be more choices available soon as production line capacity increases.
LG Display invests $150 million in Guangzhou to produce 111-inch OLED panels
LG Display will invest 1 billion CNY (~$150m) to finance a new production line for massive OLED panels. The new production line is built as a joint venture. LG Display owns an 80% stake, and the other 20% is from the Guangzhou Development District Holding Group. Specifically, the investment is to produce 77" to unprecedented 111" panels.
Specifications
- Panel Sizes: 77-inch, 83-inch, 97-inch, 111-inch
- Investment Amount: 1 billion CNY (around $150 million)
- Production Shift: Complete transition from LCD to OLED by Spring 2025
This new production line will officially produce 77", 83", 97", and 111" panels. LG Display claims that they will be the first globally to mass-produce 111" OLED panels. LG Display will manufacture 77" to 111" massive OLED panels at the Guangzhou plant.
LG Display plans to complete their transition from LCD to OLED at the Guangzhou plant by Spring 2025. It means that they will stop making LCD at this site and only focus on OLED. However, we don't know the exact date of release and price of the 97" and 111" models, despite the production date being set.
LG Display will officially stop producing LCD panels at their Guangzhou site by Spring 2025. The site will be a specialized base for the new OLED, next-gen technology, from 2025. There will be more large OLED panels available for consumers as the new production line becomes active.
Comments (0)