LG bets big on flexible displays for cars and phones

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Steve Dent
July 23rd, 2015
In this article: Flexible, Flexible OLED, lg, OLED, smartphones, TV
LG bets big on flexible displays for cars and phones

More and more smartphones, TVs and wearables like Apple's Watch now use OLED displays, but only two companies mass produce them -- Samsung and LG. LG is trying to stay on top of demand by building a new 1.05 trillion won ($900 million) flexible OLED plant in Korea. Starting in 2017, the 6th-gen line will spit out four times as many screens as the current-gen plant thanks to a larger "substrate" sheet size. The plastic-based displays are aimed at smaller next-gen devices that can benefit from the bendability like automotive displays, cellphones and wearables.

Most of LG and Samsung's high-end smartphones and smartwatches already use OLED displays (P-OLED and AMOLED, respectively). Some -- like LG's G Flex 2 "banana" phone and the Samsung Galaxy S6 Edge -- specifically take advantage of the flexibility. But other company's products, like the Vivo X5, Oppo R7 and 2nd-gen Motorola Moto X all have OLED-based displays, creating extra demand for the tech. LG said it will eventually build another plant for larger, TV-sized displays that uses the same 6th-gen manufacturing system. Samsung also recently pledged $3.6 billion toward OLED production.

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