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 will produce both mid-sized flexible OLED and large-sized OLED TV panels. Production was planned for the first half of 2018.
ETNews now reports that LG is indeed constructing the new fab (as can be seen in the image above) and the company is on track to finish the project by Q2 2018 (although mass production will probable take longer).
LGD's original plan was to build a Gen-9 line for the OLED TV production, but ETNews reports that LGD is also considering an even larger Gen-10 substrate and is working with Korean OLED deposition equipment maker YAS to develop the required equipment. YAS supplied LGD with Gen-8 equipment for its current OLED TV lines. LGD says that the company will make its final decision on the Gen-10 line during the first half of 2017.
