LG Display strengthen their OLED business and will launch an patent administrator called LG-OLED!
This workgroup jointly financed by LG Electronics, LG Display, and LG Chem launched before the end of this year.
The launch of LG OLED is interpreted as LG Group’s strategy to intensively foster its OLED business as a next-generation growth engine. By converging LG affiliates’ OLED patents and technologies-ranging from material and panels to sets.
LG OLED is the strongest candidate for the name of an OLED patent administrator, which will acquire all the OLED patent assets owned by Kodak, and sign contracts with LG affiliates to share patents with them.
LG chems want to entry in to the OLED lighting business and want to start mass production in 2011.
LG Display roll out the largest OLED-Television device this year in Korea. This 15-inch panel is the largest commercial available OLED Display.
LG Display sell the 15-inch Panel in South Korea for 3 million won per unit that are about 2.500.- Dollar.
