LG Display has completed the fifth generation of OLED lighting production line

Recently, LG Display (LGD) announced it had completed in Korea north turtles tail fifth-generation OLED lighting production line of building factory.The new production line will produce in the first half of 2017, will become the world's biggest OLED lighting production line.It is understood that because of this production line production base board size 1000 mm * 1200 mm, it will greatly improve the production efficiency, up to 15000 monthly output is expected.Compared with the existing production capacity, more than 30 times will improve.

LG Display has completed the fifth generation of OLED lighting production line

OLED lighting using spontaneous organic light as light source, compared with the general lighting, with low energy consumption, produce less heat, environmental protection, close to natural light.In addition, OLED with different substrate, can be made into a transparent, flexible, such as new shape, can break through the design of the limitations of current lamps and lanterns, can apply to more fields.

Market-research firm UbireSearch expects the OLED lighting market size of about $135 million in 2016, after that will keep the growth rate of close to 100% a year, will reach $1.6 billion by 2020.For the strengthening of OLED market overall competitiveness, in December, LG Display took over all LG chem in OLED lighting industry, and announced formally to move into the next generation of OLED lighting market.Using the combination of OLED lighting and OLED panel, LG Display is expected to provide a more complete OLED Solution, for example, in the growing automotive electronics market, LG Display will be able to provide on-board OLED lighting, OLED panel consisting of a comprehensive Solution (Total Solution)。

"OLED lighting industry will be cultivated as a new growth engine LG Display company in the future."LG Display of strategic marketing Song Yongquan down, said the OLED lighting market, will be able to give full play to the LG Display in the OLED panel production technical reserves and production strength, consolidate company in OLED market leading position.

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