Paweł Koper
LG Display has finally closed the chapter titled "LCD" and is now going on the offensive in the OLED world. The Korean giant has just announced an investment worth 1.26 trillion won (about 800 million euros) to fuel the development of new display technologies and modernise production lines. After selling its last LCD factory to TCL CSOT for 1.4 billion euros, it became clear: LG Display is not looking back. In a market where technology evolves faster than the average television life cycle, LG Display knows that the winner is the one who invests in the future. And the future is OLED.
From OLED Evo to Tandem RGB – how far can we still go?
It's hard to say exactly what LG is preparing in its labs, as the company isn't revealing details about the new generation of panels. But looking back – the history of OLED development in their execution is impressive. OLED Evo, then groundbreaking panels with micro-lenses (MLA), and in 2025, the debut of the fourth generation – Tandem RGB.
The LG G5 model, which utilises this latest technology, has shown that OLEDs still have potential for development. As noted by HDTVTest, since LG Display is investing hundreds of millions, one can assume that this is not the end – particularly as a new material has entered the "game" of development: blue phosphorescent PHOLED material, which could significantly improve the energy efficiency of screens.
Televisions are just a part of the puzzle
It’s worth remembering that LG Display is not just a supplier of panels for televisions. The company’s OLEDs are also used in smartphones, tablets, monitors, laptops, and watches. The investment therefore includes not only new features for home entertainment but also solutions that could end up in our pockets or on our wrists, and perhaps even in medical equipment.
According to The Elec, more than half of the planned amount is set to boost the production centre in Paju – this is where new lines and upgrades for future generations of screens are expected to be created. And if earlier announcements are to be believed, LG still dreams of mass production of giant, over 100-inch OLEDs.
The Future of OLED? Flexible, Stretchable, and Brighter
Although OLED technology is maturing like fine wine, its boundaries are still being pushed. LG Display wants to invest in experimental panels that can be bent and stretched. These are no longer just wall-mounted TVs but potentially a whole new category of devices – from foldable screens to modern solutions for automotive or VR.
Will this be enough to maintain an edge over the competition? Time will tell. LG Display certainly does not intend to be a passive observer of market changes. They are putting everything on OLED. And they plan to win.
