According to Bloomberg, LG Display expects its OLED business to turn a profit in 2015. LG Display's OLED business lost about $530 million in 2013, according to Hana Daetoo Securities. LGD is still on track to start production on its new M2 OLED TV production fab, and OLED earnings will reach about $150 million in 2015 according to Hana Daetoo.
LG is already supplying OLED panels to China's Skyworth, Changhong and Konka. According to earlier reports (and cited again in this Bloomberg article) LGD is in talks with both Sony and Panasonic for OLED supply. A couple of weeks ago Panasonic showed 65" 4K OLED TV prototypes that use panels made by LGD.
The main focus of LGD's OLED unit is on OLED TVs of course. But another major product is the flexible (plastic-based) OLEDs, aimed towards wearable devices (such as LG's own smartwatch and probably Apple's Watch as well) and other devices. In fact, it may be that LG will be able to turn a profit faster on those small flexible OLEDs than on the larger OLED TV panels.
