LG OLED Panel Production begins in July

New report shows that LG will go into production on their 55" OLED panel in July.

JZ

LG Display to start 55-inch OLED TV panel production in July

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updated 11:50 am EST, Fri January 27, 2012

LG Display to make 48,000 flat panels per month

Flat panel supplier LG Display has revealed on Friday that it will begin production of its very impressive 55-inch OLED HDTV panel we got a close look at during CES in July. LG itself will put the panel into its 4mm thick, 55EM9600 HDTV, which was also introduced at CES. LG Display's prototype eight-generation production line will reportedly manufacture 48,000 of the panels per month.

This is all part of LG's four trillion won (about $3.56 billion) investment in OLED technology. The company will look at investing into a full 8G production line during the summer. It will also consider retooling current LCD production lines to produce OLED panels. This all likely depends on consumer demand for the advanced OLED TVs, which may be relatively affordable but expensive next to LCD or plasma.

While this isn't being publicly shared or confirmed, LG Display could even supply Samsung with the 55-inch OLED panel for its Super OLED TV unveiled at the same show. [via OLED-Display