Friday, August 2nd, 2013
Han Sang Beom, LG Display president, said, "Based on our experience and know-how in producing the 55-inch OLED panel for the first time in the world, we will meet the mass-production deadline by the second half. We know this is not an easy task, but we will make it in cooperation with our partner firms."
The ceremony was attended by dignitaries including Gyeonggi Province governor Kim Moon-soo, Paju mayor Lee In-Jae, Jusung Engineering president Hwang Cheol-ju, Merck Korea president Michael Grund, and Idemitsu Kosan vice president Yoshihasa Matsumoto.
According to market research firm DisplaySearch, the OLED TV panel market is expected to grow to 9 million units by 2017 from the current 400,000 a year and lead the next generation TV market.