Towards the end of 2015 LG Display announced that it plans to build a new OLED fab (P10) in Paju in a $8.7 billion investment. The P10 was supposed to produce both LCD and OLED displays (mostly OLED TV panels, but also mid-sized flexible OLEDs), and production was planned to begin towards the end of 2018.
In 2017, we heard reports that LGD decided to cancel the LCD production at the P10 fab and focus exclusively on OLED displays. A new report from Business Korea confirms this report - and says that LG also decided to postpone the production at the P10 as the shift to OLED technologies is challenging - especially as LGD intends to produce OLEDs on 10.5-Gen substrates for the first time at the P10 fab.
Business Korea also suggests that LGD finds it difficult to invest in both its upcoming 8.5-Gen fab in Guangzhou, China and its upcoming P10 fab in Paju.
The construction of the P10 building itself is almost complete (see picture above).
