LG launches OLED lighting brand "Luflex" to spy on the global lighting market

LG Display is focusing on supporting the field of OLED lighting as a new growth driver and comprehensively promoting projects in this field. LG Display announced on the 7th that it will launch the world's largest OLED lighting production line, and also launched the OLED lighting brand "Luflex".

LG Display launched the lighting representative brand "Luflex", focusing on the fundamental value of OLED lighting. "Luflex" is a combination of "Lux" for light and color and structural features that mean OLED bending and "flexibility" that can be used indefinitely. LG Display plans to strengthen the market influence of “Luflex”, which can sensibly convey the advantages of OLED lighting, and develop it into the global lighting market No.1 brand.

The 5th generation OLED lighting production line (1100mm x 1250mm) of the LG Display Gumi P5 plant, which has been fully mass-produced recently, is the largest in the world, compared with the original 2nd generation line (370mm x 470mm) that produces 4,000 pieces per month. It can produce an amount of about 30 times or more. LG Display plans to use 15,000 pieces as the initial production volume, and then gradually expand production. Through mass production, it is expected to improve quality while ensuring price competitiveness and accelerating market share expansion.

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LG display OLED lighting panel 5th generation factory panorama

LG Display's general manager of OLED lighting business, Park Sung-soo, said that the "Luflex" brand and the world's largest production line started to produce mass production based on the leading edge OLED technology owned by LG Display and confidence in the market.

OLED lighting is a product made of organic light-emitting features. It has low power consumption, low heat, environmental protection, and natural light. It has light and thin features, which can be transparent and bendable. It is very free in design and rich in future value.

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LG display OLED lighting panel

LG Display is a B2B company that supplies OLED lighting sources. In the future, it plans to actively carry out publicity and marketing with various partners such as lighting companies and electric equipment manufacturers that produce vehicle parts.

Recently, LG Display's innovative design of OLED lighting products beyond the limit has given the market a high hope. In this context, the comprehensive promotion of the lighting industry is more meaningful. The high-quality OLED lighting with the best design freedom and the best environmental protection concept has been favored by world-class automobile brands and taillights and other light source companies. At the same time, it has become the new favorite of high-end stores to achieve personalized decoration. LG Display will start with the lighting for vehicles, lead the market, and gradually expand the scope to the general lighting market based on the excellence of OLED lighting.

According to market research firm ID Tech Ex, the global OLED panel market for lighting will grow at an average annual rate of more than 52% in the next 10 years, and the market size is expected to reach US$2.2 billion by 2026.


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