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LG Display “expects OLED TV sales portion to account for mid 20% of total sales this year, and is to review switching LCD fab to OLED if necessary.”

Kim Sang-Don, LG Display’s CFO, said in a conference call on the 25th, “It has been successful with regard to customer demand forecast and high-end positioning for large area OLED panels.” “OLED TVs accounted for around 15% of LG Display’s sales last year and that number is expected to grow to the mid-20% range this year.” he commented.