LG examines upgrading its oxide TFT display capacity
Monday, August 26, 2013/
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.
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