LG Display, the world’s leading innovator of display technologies, announced today that it will invest KRW1.99 trillion (US $1.78 million) in a new 6th generation (1,500mm x 1,850mm) flexible OLED display production line in Paju, South Korea, as part of its preemptive efforts to change and lead the approaching era of flexible OLED screens for mobile devices.

IGNIS Innovation (IGNIS), a Canadian emissive display technology company, announced the execution of a Patent License agreement with LG Display, the Seoul-based world-leading display manufacturer. Under the agreement, IGNIS will provide LG Display under a non-exclusive license, access to its circuit technology to enhance the performance of OLED displays. As recognized by the display industry leaders, circuit technology is crucial for today’s AMOLED applications including TV, IT, high resolution smartphone, virtual reality, automotive and next generation printing.

Is the long-anticipated rebound in the panel industry finally coming? South Korean panel maker, LG Display (LGD) CEO Sang Boem Han expressed on Wednesday that the market already showed signs of improvement. He expected that LGD's revenues will improve by second half of 2016.

LG Display announced it will initiate mass production of plastic OLED (POLED) panels in the first half of 2017, reported Korea Times.

LG Display will be investing another KRW 140 billion (US $123 million) into mass producing OLED panels for lighting during first half of 2017, reported Nikkei Asian Review.

Highlights this week: Apple has dropped Osram Licht from its list of top 200 suppliers and added Royal Philips to its supply chain, ahead of the release of the iPhone 7.

LG Display announced that the company has inked a deal to construct a display module assembly factory in Hai Phong, Vietnam, reported Reuters.

LG Display announced that it will invest in a new OLED light panel manufacturing facility. The planned facility will be the first 5th generation (1000 x 1200mm) OLED light panel manufacturing plant in the world. It is to be located in the South Korean city of Gumi, where it will produce a range of OLED light panels.

LG Display announced today that it is showcasing its latest advanced OLED light products and solutions at Light+Building 2016, one of the leading global trade fairs for lighting and building services technology, in Frankfurt, Germany, from March 13thto 18th. 

Mercedes-Benz, the leading luxury car maker, might be the first to adopt innovative OLED display solutions from LG Display in its vehicles, industry sources told Yonhap News.

LG Display, the world’s leading innovator of display technologies and an OLED lighting panel manufacturer, announced that it will supply OLED panels to ilroom, a specialized home furniture brand of the Fursys Group, a leading office furniture company in Korea.

LG Display will initiate its OLED lighting business operations, which was acquired from LG Chem, and focus on promotion as its next growth engine, reported Business Korea.

LG Display, the world’s leading innovator of display technologies, announced today that it will invest KRW1.84 trillion (US $ 1.60 billion) to begin building a new  panel plant in Paju, Gyeonggi Province, Korea, with production expected to commence in the first half of 2018.

LG announced subsidiary LG Display will be taking over LG Chem’s OLED lighting business on Monday, as part of its OLED realignment strategy reported The Korea Times and Yonhap News.

LG Display announced Monday it will be channeling future resources to the development of OLED TVs to stay ahead of Chinese competitors that are catching up rapidly in the LCD sector, reported Associated Press.

LG Display announced on Thursday it will be investing 1.05 trillion won (US $908 million) to construct a new OLED display plant, reported Reuters.

Universal Display Corporation, enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, reported financial results for the first quarter ended March 31, 2015.

LG Display and Samsung Display’s feud over technology theft intensified last Sunday, following a prosecution decision that indicted several Samsung employees were involved in a case of alleged industrial spying.

Universal Display, enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, and LG Display, the world’s leading innovator of display technologies, today announced the signing of a new OLED Technology License Agreement and Supplemental Material Purchase Agreement. The agreements run through December 31, 2022.

LG Display, the world’s leading innovator of display technologies, will showcase the latest advances in the industry, including its global leadership in OLED technology, during CES 2015 in Las Vegas from January 6 to 9.

LG Display is set to ramp up its OLED production next month, producing four times as many panels and bringing down prices on LG's OLED TV range.

LG Display has announced plans to invest US $788.1 million in its OLED panel production line to meet growing global demand, according to Korean news source Yonhap News Agency. 

LG Display is in talks with Panasonic to supply big-screen OLED TV panels as the Japanese company lower production costs, according to a Bloomberg report.

Korean electronics manufacturer LG Display is rumored to become one of Apple iWatch’s OLED suppliers, according to a report by the Korean Herald. The report noted Apple has a tendency of diversifying its supply chain, and Taiwan’s RiTDisplay is a strong OLED candidate. The OLED supply chain is likely to be led by RiTDisplay with LG Display as the secondary Apple OLED supplier. 

According to a report in Taiwan Economic News, Frank Chien, chairman of Taiwanese LED maker Formosa Epitaxy predicted that the rise of table PCs may drive shortage of high-end LED chips starting February 2011 at the earliest. Chien confirms that Formosa Epitaxy started delivering LEDs for tablet PCs in October.

Recently, LG Display CEO reported that 8.5 G TFT-LCD panel production plants were more competitive than 7.5G and LG Display would become the largest panel supplier in China. He said LG Display would discuss the decision to set up an advanced plant in China and he thought making an early start did not guarantee advantage.

QD Vision has signed an agreement with LG Display to jointly develop highly-efficient, high-performance active matrix displays based on electroluminescent quantum dot LED (QLED) nanotechnology.

~ Nordson ASYMTEK and LG forge ongoing relationship ~  

LG Display of Korea will show off a 31-inch OLED TV at the IFA show. LGD said the TV is the biggest of its type. LGD has not unveiled other details on the set, including resolution, thickness or price. Also on display at the event will be LG's 72-inch 3D LED TV and what is being described as the thinnest LCD TV, at just about 0.28 inches.

LG Display Co. of South Korea, Taiwan LED maker Everlight Electronics Co. and Taiwan TV maker Amtran Technology Co., will team up to set up a joint venture in Suzhou, China that will provide LED packages for backlight units for flat panels.