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LG Display is preparing to expand production of giant OLED panels. According to reports from China, the company, together with a state-owned partner from Guangzhou, will invest one billion yuan in an OLED module production line that will support panel sizes of up to 111 inches. This could mean the return of exceptionally large OLEDs to the premium TV market.
OLEDs up to 111 inches
According to OLED-Info, LG Display and state-owned Guangzhou Development Zone Holding Group have agreed to recapitalise their joint venture by one billion yuan, about US$150 million.
The investment will enable development of OLED module production in 77-, 83-, 97- and 111-inch sizes. According to Chinese reports, the line dedicated to the largest variant will be the first installation of its kind in the world.
It is worth noting, however, that this concerns an OLED module assembly line, not a new factory producing the panels themselves. That expands production capacity, but does not yet confirm the start of mass production of 111-inch panels.
Will giant OLEDs reach stores?
LG Display already offered 97-inch OLED panels that appeared on the market in 2022. The new investment could therefore mean a return to that size, and further increases in screen sizes.
Such large screens could find use not only in luxury TVs but also in commercial installations.
So far no start date for the new production line, no pricing, and no release date have been announced for TVs using 111-inch OLED panels.
Sources: OLED-Info, TrendForce, ITHome
