We just got word from LG Chem that the company finished development of their first OLED lighting panel, and have started mass production. The "type 1" panel, or the LG-OLED-041 is a 100x100 mm square panel that features 4,000K, CRI>80, 45 lm/W and 10,000 hours lifetime (LT70) at 3,000 nits. The active emitting panel is 90x90 mm, and the whole panel is 2.44 mm thick (including the optical film and PCB. The OLED itself is 1.84 mm).

LG Chem is already developing the 2nd generation (or "type 2") panel which will up the efficiency to 60 lm/W and the lifetime to 15,000 hours. The size will be the same, but the color will be 3,500K. LG Chem will start mass production of type 2 panels in 2Q 2012. LG Chem further says that it decided to offer these new panels at "lower prices" - although we do not know the actual price yet.