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LG Display exhibits, confirms lighting plans +2

08:47 17-Mar-16


LG Display today confirmed that it will build a Gen5 phOLED lighting fab, which should reduce costs by 90%.  The press release cites a May 2015 UBI report, which predicts that the market will grow by 85% from this year to next, and by a factor of 12 by 2020.  Note that UBI's estimates having been falling consistently and dramatically.  Tellingly, most of the growth in this report is projected to occur in the final two years, when roll to roll processes currently being pioneered should be available.  Perhaps we will learn more about these at the Printed Electronics Expo, at the end of next month.

Until then, I continue to think LEDs will retain the lion's share of the market, and the press release is consistent with this viewpoint, saying that LGD will initially focus on high-end retail and automotive applications.  Nonetheless, the company is exhibiting an interesting array of lighting solutions at the Light+Building expo, and I don't doubt that phOLED lighting will have its place and that LGD will be able to capitalize on its market lead.  The only caveat is that we will have to continue to keep an eye on Konika Minolta's capabilities, as mentioned previously.