LG.Philips LCD is reported to be in January 08 M & a division of LG electronics's OLED panel

South Korea market research agency Displaybank website 10 reported on the LCD panel, giant LG.Philips LCD (LPL) will be the acquisition of LG in January 1, 2008 (LG ELectronics) OLED panel under the banner of the department. LPL has recently agreed to acquire LG's two generation AMOLED (active organic light emitting diode) production line. According to reports, LG electronics has two AMOLED production line annual production capacity of up to 2 million 400 thousand.

The display market research agency DisplaySearch senior vice president Barry Young in November 26th issued a press release pointed out that although the global OLED panel shipment amount, shipments decline in Q3, but the Q4 is still expected to recover quickly, so the 2007 shipment amount, shipments increased by 11% and 7% years respectively. He also said that in the LG.Philips LCD, TPO (LPL) and other manufacturers have joined the Samsung SDI, Sony and odd crystal Optoelectronics (one of the members of the group's CMO) push up production ranks, is expected in 2008 AMOLED will be the main driving force to push up the industry boom.

The Korea Times reported on October 3rd, South Korea's two largest manufacturer of Samsung SDI LG.Philips display technology, LCD (LPL) recently to speed up AMOLED production pace, in order to show a goose breed as soon as possible "industry". Reported that Samsung SDI will begin in mid October to put into operation in the Cheonan plant 2 inches AMOLED, and LPL is also reported to be in the end of 2007 or the beginning of the beginning of mass production of 3 inches AMOLED.

Source: Lean news