28 May 2014 / LG Chem /

LG Chem announces aggressive price target to stimulate the OLED light market

LG Chem announces to strategically drop the price of OLED light panels from third quarter of 2014. The market price was set at $600/Klm or above, depending on order quantities. Today, LG Chem suggests a new price of $200/Klm.
“As a pioneer of OLED light panels, LG Chem decided to propose attractive prices to selective partners who are willing to stimulate the market with mass-production of OLED luminaires,” said Sung-Soo Park, Vice President and OLED Light Division Leader. The new price will be discussed with the customers starting from Lightfair international 2014.


The price drop is possible with alteration of the glass substrate and encapsulation material of the OLED light panels. As a result, the panels will be even thinner and lighter than the current models without compromising any performances.
The upgrade will first start with popular 100x100mm and 320x110mm panels. Then, it will gradually apply to all.

LG Chem will highlight readiness of OLED light panels at LFI 2014

From June 3rd to 5th, LG Chem will exhibit at Lightfair International 2014. Different types of OLED light panels will be showcased with luminaire examples in Las Vegas convention center at booth #1525. Since the OLED sector first came into existence, LG Chem has been successful in meeting its development roadmap. Now, the performance of LG Chem OLEDs has already reached the point where the OLEDs can be used in real-life application right away. LG Chem offers OLEDs in a variety of shapes and sizes. Eight different models are available with three different color temperatures (3,000K/3,500K/4,000K), which deliver high color rendering levels (CRI>90) as well as achieving 40,000 hours of lifetime at 3,000 cd/m².

Launching New Homepage and Social Network Channels

LG Chem will launch its new homepage at www.lgoledlight.com on June 2nd. Information on the portfolio of OLED panels with application pictures and videos will be shared through the homepage. Also, Facebook, Google+, and Pinterest channels will be opened on the same date.

top
Leave your comment
No comments yet.
Lighting Directory
Videos
Flexible OLED light panel

Upcoming Events

May
21
LIGHTFAIR International
The transformative power of innovation and imagination converge in a global presentation of light and technology—brilliantly revealed at LIGHTFAIR International. Where new discoveries, new connectivity, new knowledge and new solutions propel lighting design quickly into the future. All at the world’s largest annual architectural and commercial lighting trade show and conference.
Jun
25
International LED Expo
INALIGHT - Indonesia Itn'l Lighting ExCompany HS, the leading INDUCTOR company that pioneered and led the Korean electronic parts market strove to pioneer into the global market by combining together the new technologies and creativi..hibition
Jun
27
LED Expo Thailand
LED Expo Thailand 2018, the 6th edition of ASEAN’s largest international exhibition on LED lighting products and technology, is dedicated to the science, technology and application of LEDs and solid-state lighting. LED Expo Thailand  is a dynamic hub for LED / lighting companies to congregate, promote, discuss, transact, partner and gain insights on neighboring LED markets.
Sep
11
BIEL Light + Building Buenos Aires
BIEL Light + Building Buenos Aires is the most important international event for the electric, electronic and lighting industry of Latin America. Currently, it is consider a leader in the Spanish-speaking sector.

New manufacturers

Partners
Premium Fairs Partners