LG Display formally launched an organic light emitting diode (OLED) division at its Gumi plant in North Gyeongsang Province on Thursday.
OLED is touted as a driving force in the next-generation display field, and companies like Sony and Samsung Electronics have already entered the business. Because it does not require additional backlight, OLED panels can be made thinner than 1 millimeter.
LG Display will first focus on developing and producing small products but expand business to producing medium-sized to large televisions, the company said.
LG Display developed an active-matrix OLED (AMOLED) for a 20.1-inch television in 2004, and was the first in the world to produce a 4-inch flexible OLED in May 2007.
