Oct 30, 2016

During LG Display`s financial results conference call, the company made some interesting comments on its OLED business. First of all LGD says that its OLED TV unit is now EBITDA positive (even though currency changes held harmed the profit), and as capacity and shipment increase, the company will improve its profit as well.

Regarding the small to mid-size panels, LGD sees the transition from LCD to flexible OLED accelerating. Mass production from LGD`s E5 Gen-6 flexible OLED fab is expected by the first half of 2017. LGD aims to both achieve mass production stability and strengthen its business cooperation with various customers.

Regarding its Capital Expenditures (CapEx), LG reveals that OLED share of investments in 2016 was 50%, and this will grow to 70% in 2017. The company`s basic strategy remains as before - to reduce its LCD capacity and convert old LCD fabs to OLED fabs.

<Source : Oled-Info>