Create a free account, or log in

LG examines upgrading its oxide TFT display capacity

LG Display is reportedly examining whether to invest in production lines for oxide TFT display substrates, which are a key component of its AMOLED displays. According to Korean press reports, the investment decision is being made at a weak point for the television industry, while the high-end smartphone market is slowing after several years of […]
Andrew Sadauskas
Andrew Sadauskas

LG Display is reportedly examining whether to invest in production lines for oxide TFT display substrates, which are a key component of its AMOLED displays.

According to Korean press reports, the investment decision is being made at a weak point for the television industry, while the high-end smartphone market is slowing after several years of incredible rapid growth.

Weak local demand for curved OLED televisions, a type of display not released in Australia, saw Samsung has cut the price of a 55-inch OLED screen from 15 million won ($14655) 9.9 million won (around $9672).

According to some reports, sales for the devices might have been as low as 1000 units.

Meanwhile, as SmartCompany recently reported, a global glut in LCD panels has recently forced LG and Samsung to cut investments in China.

However, failing to invest risks the possibility of LG being unable to meet a rapid growth rate in overseas demand.

LG is set to make a decision on the matter in the next week.