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LG Display to boost OLED panel output 60% next year

Dominant player bets it is sitting on the TV tech of the future

SEOUL -- LG Display, the South Korean company that dominates the market for thin and bendable next-generation panels, is set to boost production by 60% in 2018.

LG Display controls a 90%-plus market share in organic light-emitting diode panels, and aims to make enough for 2.8 million TV screens next year. OLED technology has been garnering more attention as an alternative to ubiquitous liquid crystal displays, and the company's plan reflects its high expectations for global market growth.

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