LGD Begins Mass OLED Production in China After COVID 'Demand Volatility'
After delays caused by the COVID-19 outbreak and “demand volatility,” LG Display announced Wednesday the start of mass production at its Gen 8.5 OLED panel fab in Guangzhou, China. LG has been sending 900 “core engineers” by chartered flights to…
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Guangzhou since March, it said. Plant capacity is 60,000 sheets per month, supplementing the company’s 70,000-sheet capacity at its OLED panel plant in Paju, South Korea. LGD Q2 revenue increased 12% from Q1 on spiking laptop, tablet and desktop monitor panel sales amid COVID-19 demand for telework and remote-learning connectivity tools, said the company Thursday.