The cost is expected to be greatly reduced LGD will build ten generations of OLED plant

We all know that LG Display (LGD) is very optimistic about the rapid increase in demand for OLED TVs, so it intends to build the world's first ten-generation OLED panel factory. After the start of production in the future, the cost of OLED panels is expected to decrease substantially.
LGD will build ten generations of OLED panel plant
According to foreign media reports, LGD decided to upgrade its existing P10 plant in Paju, South Korea, to a tenth-generation OLED plant, and has partnered with third-party equipment supplier YAS Qiaoto to develop precipitation equipment for the tenth generation plant. YAS has the experience of constructing sedimentation equipment for LGD's eight generations of OLED plants, which will accelerate the development time of ten generations of plant equipment.
The upgrade of the P10 plant is expected to be completed in the second quarter of next year. If the estimated cost of a six-generation OLED plant is 881 million U.S. dollars, the P10 plant will probably spend about 2.64 billion U.S. dollars to modify the LGD. However, if the demand is expected to explode, LGD will occupy it. The most favorable position. For the above report, LGD confirmed that the tenth-generation OLED equipment is indeed under development, but the plan to build the plant has not yet been finalized.
In fact, LGD is also evaluating the possibility of investing in a 10th generation LCD plant. Since this is the first time LGD has attempted to invest in the 10th generation OLED plant, LGD has seriously considered investing in a 10th generation LCD plant first, accumulating enough experience before going through 10 generations. OLED plant investment.
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