Hyunjoo Kang / firstname.lastname@example.org
For the next 5 years, 2016-2020, global Gen8 (8G) complementary investment ( LCD → OLED ) is expected to be total USD 6,674 million.
According to 2016 OLED Manufacturing Equipment Annual Report, recently published by UBI Research, Korea’s 8G complementary investment in 2016-2020 is estimated to be USD 5,400 million, 81% of the global USD 6,674 million. Particularly, complementary investment for large area LCD line to OLED is expected to be actively carried out centering around LG Display.
China is estimated to actively operate new large are LCD lines from 2016. To respond to this move, Korean panel companies are expected to transform 8G a-Si LCD lines located in Korea to OLED line from 2016.
To respond with LCD, China’s supply offensive and price competitiveness are too strong. As such, the situation calls for concentrated efforts in OLED.
Gen8 LCD line became the object of complementary investment as it can be easily converted to OLED compared to small-to-medium size LCD line. 8G LCD line’s a-Si TFT can be turned into oxide TFT used in Gen8 OLED line cost effectively.