OLED lighting is really coming! LG launches special brand, or impact LED lighting market?

LG Display is focusing on supporting OLED lighting as a new long-term driving force and comprehensively promoting projects in this field. LG Display announced on the 7th that it will launch a large-scale OLED lighting production line and launch the OLED lighting brand Luflex. According to the US news agency, LG Display (On behalf of the Director, Vice President Han Xiangfan) We are focusing on supporting OLED lighting as a new long-term driving force and comprehensively promoting projects in this field. LG Display announced on the 7th that it will launch a large-scale OLED lighting production line and launch the OLED lighting brand Luflex. LG Display is focusing on supporting OLED lighting as a new long-term driving force and comprehensively promoting projects in this field. LG Display announced on the 7th that it will launch a large-scale OLED lighting production line and launch the OLED lighting brand Luflex. LG Display launches lighting representative brand Luflex, focusing on the fundamental value of OLED lighting. Luflex is a compound word meaning Lux of light and color and meaning structural characteristics of OLED bending and unlimited flexibility. LG Display plans to strengthen the market influence of Luflex, which can sensitively convey the advantages of OLED lighting, and develop it into a lighting market No. 1 brand. A few days ago comprehensive investment mass production of LG Display Gumi P5 factory of 5th generation OLED lighting production line (1100mm x 1250mm) On a large scale, with the original monthly production of 4000 pieces of the 2nd generation production line (370mm x 470mm) In contrast, it can produce more than 30 times the quantity. LG Display plans to 1. 50 thousand pieces are the initial production, and then gradually expand the output. Through mass production, it is expected to improve the quality, ensure the price competitiveness and accelerate the expansion of market share. LG Display is responsible for the OLED lighting business Executive Park Shengxiu (Sound) It is said that the mass production promoted by the launch of Luflex brand and the launch of large-scale production lines is based on the cutting-edge OLED technology owned by LG Display and its confidence in the market. OLED lighting is a product created by using the self-luminous characteristics of organic substances. It has low power consumption and heat generation, is environment-friendly, is similar to natural light, has light and thin characteristics, and can realize transparency, flexibility, etc, the design is very free and the future is rich in value. LG Display is a B2B company that supplies OLED lighting sources. In the future, it plans to actively cooperate with various partners such as lighting companies and electrical equipment companies that produce vehicle parts to launch publicity and marketing. A few days ago, the innovative design of OLED lighting works beyond the limit introduced by LG Display made the market have high hopes for it. Under this background, the overall promotion of lighting industry is more meaningful. High-quality OLED lighting with excellent design freedom and good environmental protection concept has been favored by world auto brands, taillights and other light source enterprises, and has also become a new favorite for high-end stores to realize personalized decoration. LG Display will start with lighting for vehicles, and the market will gradually expand its scope to the general lighting market based on the excellence of OLED lighting. According to the prediction of market research organization ID Tech Ex, the OLED panel market for lighting will increase by more than 2. 2 billion annually in the next 10 years, and the market size is expected to reach US dollars by 2026.