As it stands there aren’t too many devices in the market that rely on flexible displays. It could be possible that right now no one has really found a particularly compelling reason to use it, other than for novelty or bragging purposes, but whatever it is, LG seems to believe that flexible OLED displays is the future.
The South Korean tech company has recently revealed that they are planning on investing a whopping 1.05 trillion Korean won (about $907 million) into a new flexible OLED plant in Korea. Once the plant is up and running, which they estimate should be in 2017, it will be capable of producing four times as many flexible OLED displays compared to the company’s current facilities.
This is largely thanks to the use of larger substrate sheets. As for who LG will be making these displays for, they weren’t specific. However the company expects that in the future, other companies in the automotive, cellphone, and wearables industry will be able to benefit from the use of these flexible OLED displays.
Like we said there aren’t too many devices at the moment that use flexible OLED displays. There are some devices like the Samsung Galaxy Round, Galaxy Note Edge, Galaxy S6 Edge, and the LG G Flex 2 that have displays that are curved, but not something we would call bendable, and while we can’t be sure of what the future has in store for us, LG is betting that flexible OLEDs will be part of it.
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