China's OLED Panel Production Capacity Has Increased Greatly

- Mar 29, 2019-

Chinese panel makers are desperate to expand production, and production capacity is expected to surpass Han factory next year. Recently, the Korean Samsung Display and LG Display (LGD) have been expected to expand their OLED production capacity in order to maintain their leading position.

Korean media Business Korea reported on the 10th that the research institute IHSI Suppli estimates that China's 8th generation OLED panel production capacity is 86% of the Korean factory, and will increase to 1.2 times that of the Korean factory next year, leaving the Korean factory behind. Both Samsung and LGD are planning to expand production. According to insiders, the small and medium-sized OLED flexible panel of Samsung Display A3 has been launched in April, with a monthly output of 30,000 sets. There is still a lot of space in the plant, and the medium and long-term production capacity will continue to increase. It is said that in order to save money, the company will not immediately invest in the A3 plant twice, and plans to replace the A2 plant equipment to produce small and medium-sized OLED panels.

At the same time, rumored LGD intends to spend 900 billion won ($796 million) to build a small and medium-sized OLED panel factory in Gumi, but the LGD spokesperson said they are still considering and have not yet made a decision. It is generally believed that OLED production is not easy, and the gap between China and South Korea is still large. It is still difficult for Chinese manufacturers to catch up with Korean businessmen.