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LG Display OLED Panel Expansion Plans Slowed Due to Supply Chain Constraints

According to foreign media reports, the chip shortage that began at the beginning of last year affected many areas such as automotive and consumer electronics, is still ongoing, the automotive sector is particularly obvious, General Motors, Ford, Toyota, Hyundai and a host of other major automotive manufacturers, have been affected by the chip shortage, resulting in varying degrees of plant shutdown.

But affected by the shortage of parts, not only in the field of automotive and other areas, panel production field, is also affected by the shortage of parts.

The latest reports from foreign media show that supply chain restrictions have affected the expansion of LG Display OLED panels, leading to a slowdown in their expansion plans.

From the foreign media reports, LG Display OLED panel production parts required for the delivery time, has been twice as long as before, which also led to their capacity expansion plans to delay.

The foreign media also mentioned in the report, although the main OLED panel manufacturer in South Korea, but the equipment they need, only 9% is supplied by Korean manufacturers, these equipment manufacturers, currently also can not manufacture and supply LG display production systems needed.

In the OLED panel manufacturing, South Korea has LG display and Samsung display these two big business, LG display in TVs and other required large size OLED panel advantage is obvious, Samsung display is the advantage of smart phones required OLED panel, these two manufacturers are the iPhone required OLED panel suppliers, Samsung display supply more.

Foreign media also mentioned in their reports that the problems encountered by LG Display’s expansion of OLED panel capacity may also affect Samsung Display, but they do not yet have accurate news.

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