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OLED Lighting May Move to LG Display

LG is considering moving its OLED lighting business from LG Chemical to LG Display.

Reports from Korea say that the idea behind the move is the consolidation of LG’s OLED business in a single company. It is thought that bringing OLED lighting under the LGD name will enable faster and lower-cost development.

The OLED Association has speculated that LGD could convert an existing G4.5 OLED fab to lighting. Such a move would further reduce capacity expansion costs.