LG says it will mass produce large OLED panels by 2013, aims for market domination
LG has plucked our heart strings once again by announcing on its Q4 earnings call that its mass production of large OLED panels will ramp up at the end of 2013. In other words, the schedule it laid out a little less than a year ago to triple OLED production via a $226 million facility expansion is still on track -- which is pretty amazing given that other OLED schedules we've seen have been 90 percent fantasy and 10 percent hype. On the same call, vice president of LG Display Jung Ho also took the opportunity to share the company's goal of becoming the market leader in OLED TV. Considering LG has already announced plans to release a 31-inch 3D OLED set in the US and Europe this year with a 55-inch prototype following in 2012 -- it seems Samsung may now have a real fight on its hands for OLED dominance that it can't dance its way out of. No matter who wins, though, the possibility of ultra-thin TVs gracing our walls is definitely getting brighter.
