What They Say
The Elec reports that LG will restart spending on its E6-3 line in Paju shortly as it looks to boost capacity to meet demand for flexible smartphone OLEDs from Apple. The factory space and organic material deposition equipment and encapsulation equipment from Japan’s Canon Tokki are already in place, which will reduce the level of investment to ‘over a trillion won’ ($865 million). It will have a capacity of 15K G6 substrates per month.
The move will also help LG Display to reduce the negative impact to its capacity because of switches to LTPO technology, which requires more masks than LTPS
The extra capacity is not likely to be online before the second half of 2022 although the similarity to existing lines may speed the ramp and qualification process.
What We Think
LG Display has long been a strategic partner for Apple in display technologies and having to buy so many displays from SDC must have frustrated the Cupertino firm. (BR)
LG’s Paju site. Image:LG Display Click for (much) higher resolution
