LG Display is doubling down on OLED TVs

LG Display has started mass-production at its second OLED panel production plant, the company announced Thursday. The new plant, located in Guangzhou, China, has the capacity to initially produce 60,000 OLED sheets a month, which combined with LG’s existing plant in Paju, South Korea means that LG Display’s total OLED production capacity has almost doubled to 130,000 sheets monthly.

According to LG, the panels produced at its new plant will be used to create displays ranging in size from 48 to 77-inches. They’re for TVs, in other words. LG Display is a major supplier of OLED panels for TVs across the industry. 19 brands, including LG, Vizio, Sony, Panasonic, Hisense, Bang & Olufsen, and Toshiba, use LG Display OLED panels in their TVs...

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