Do you like OLED screens in your mobile gadgets? Sure, who doesn’t? And are you excited to see what sort of products will arise from the growing availability of OLED screens that are super-durable and flexible? You, my friend, are not alone. Any fan of OLED tech is going to want to keep a close eye on LG going forward, as the company makes a sizable investment in its ability to produce such screens.
LG is dropping some $8.7 billion on its investment in a massive plant for the production of OLED screens, not just for big television displays, but also those that will appear in the next generations of phones, tablets, and smartwatches. In particular, we hear that production of flexible OLED displays could be a specialty of this new plant.
The size of that investment should also help clue you in to the fact that LG isn’t about to get this OLED-fabrication plant up and running overnight. Instead, we’re looking at a situation where actual production probably won’t get underway until sometime in the early part of 2018, a good two years (and change) away.
While that means that we’ve got a heck of a wait before we see any of this start impacting the smartphone or wearables scene, it’s also nice to get a bit of an advance preview at where the market could be heading that far out. Will we ever reach a day when OLED popularity outreaches LCDs? We’re not holding our breath, but it could happen.