Firm will produce thinner and more energy efficient displays for televisions.
South Korean technology firm LG has announced that it is investing $656.7 million in forming a next-generation display panel production line.
The manufacturing line will commence at the firm's P9 factory in Paju, South Korea. It is planning to produce eighth-generation organic light emitting diode (OLED) TV panels at a capacity of 26,000 per month.
LG said mass production of the forthcoming 8G panels, which will deliver thinner and more energy efficient displays for televisions, will start sometime during the first half of 2014.
LG is the world's largest flat-screen maker, with Apple being one of its clients. Samsung, its chief competitor in the display market, is selling a television every three seconds.
Although the display market has experienced a decrease in growth recently, analysts predict forthcoming growth in the OLED TV sector, which is expected to be worth $3 billion by 2015.
I can't wait to see reasonably priced, high resolution desktop and laptop displays to hit the market.
IB
Some people might be surprised at me, but I think that a modification of CRT could be better. CRT flat-screen displays were made only a few inches thick with some of the best models right before they were abandoned and I bet that we could get them well under an inch thick with current technology along with some significant power efficiency improvements and other improvements. CRTs have some advantages that no display technology since them has copied such as not having a native resolution. If we'd kept on going with CRT technology at least as an after-thought, we could easily have affordable displays capable of running 4K resolutions if we wanted.
So many possibilities... For example, what if the screen was split into say sixteen sections and gave each a small emitter instead of one big one for the whole display? I am not an expert on monitors, but I think that something like that could easily let us cut down on display depth down to competitive levels with most LCD displays without sacrificing the advantage of not having a native resolution.