LG Display has today announced that it will start mass-production of the world's first flexible OLED panel for smartphones. This smaller display panel represents another milestone following the company's commercial rollout of the world's first 55-inch OLED TV display earlier this year.
"The flexible display market is expected to grow quickly as this technology is expected to expand further into diverse applications including automotive displays, tablets and wearable devices." said Dr. Sang Deog Yeo, Executive Vice President and Chief Technology Officer of LG Display. "Our goal is to take an early lead in the flexible display market by introducing new products with enhanced performance and differentiated designs next year."
LG Display's flexible OLED panel is built on plastic substrates instead of glass. By applying film-type encapsulation technology and attaching the protection film to the back of the panel, LG Display made the panel bendable and unbreakable. The new display is vertically concave from top to bottom with a radius of 700mm, opening up a world of design innovations in the smartphone market. And only 0.44mm thin, LG Display's flexible OLED panel is the world's slimmest among existing mobile device panels. What's more, it is also the world's lightest, weighing a mere 7.2g even with a 6-inch screen, the largest among current smartphone OLED displays.
In March 2012LG Display developed the world's first 6-inch Electronic Paper Display (EPD) based on e-ink which utilizes a plastic backplane. Having previously showcased the world's first curved 55-inch OLED TV panel at CES 2013, today's announcement highlights the company's leading position in advanced flexible display technologies.
According to research firm IHS Display Bank, the global flexible display industry will see dramatic growth and become a USD 1.5 billion market by 2016, exceeding USD 10 billion by 2019.