LG Display is moving to secure production capacity to respond to the small and medium-sized OLED market.

LG Display announced on the 17th through a public notice that it will invest 3.3 trillion won in small and medium-sized OLED facilities.

The investment period is from August 13, 2021 to March 31, 2024.

According to the industry, it is considered to be the 6th generation because it is a small to medium-sized facility, and its production capacity is expected to be around 15,000 sheets per month.

LG Display currently operates six-generation production lines, including the E5 line with a monthly production capacity of 15,000 sheets and the E6 line with a monthly production capacity of 30,000 sheets. Furthermore, investment in the E6 line, with a monthly production capacity of 15,000 sheets, is currently underway.

Accordingly, by 2024, when the investment ends, the 6th generation production line is expected to increase to 60,000 units per month.