Last December, LG Display's plan to build a new OLED faceplate factory in China has been approved by the Korean government.
LG Display said in a statement today in a statement that the new Guangzhou factory is expected to begin production in the second half of next year, by which time the monthly output of its large size OLED panel will rise from 60 thousand to 130 thousand. LG Display said that the production of large-size OLED panels in China will help companies better meet the demand for TV screens.
At present, LG Display is the largest manufacturer of LCD panels in the world, and has almost taken the manufacturing of all large OLED TV panels all over the world. (Li Ming)