Sunday, July 15, 2012

LG To Develop 60-inch Flexible OLED By 2017

LG Display has been chosen by the government to lead a project to develop transparent and flexible organic light-emitting diode displays.

Korea’s second-largest display-panel maker said that it will develop proprietary technology for ultra high-definition, 60-inch flexible OLED displays by 2017 as part of the government’s “Future Flagship Program” to promote next-generation technologies.

The company will lead a consortium, which includes Avaco, an equipment maker for display production, for the development of the flexible OLED.

It will also seek to apply the transparent flexible OLED into other product applications, which can be used, for instance, as a window displaying information at bus stations, aquariums and retail stores.

The Ministry of Knowledge Economy, which is spearheading this program, is aiming to achieve exports worth $56 billion and create 840,000 jobs through the research and development of transparent and flexible displays.

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