LG Chem are currently producing OLED lighting panels in an Gen-2 fab (370x470mm) that can produce 7,000 substrates a month. They are producing 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. Now we hear that the company has plans to build a Gen-5 fab by 2014. They actually planned a Gen-4 line but decided to go for a larger fab to achieve higher volume and lower cost (and because Gen-5 tools are now available).
LG Chem will also optimize their current Gen-2 fab so it can produce more larger (150x150 mm) and more efficient panels (80 lm/W). They will do so by 2013 and so the price per lm will drop by 50%. The Gen-5 fab will be able to produce 135 lm/W 300x300 mm panels - and so price per lm will drop 95% when compared to 2012.
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