LG Chem  announced it developed new OLED lighting panels that features 100 lm/W and a lifetime of 40,000 hours. The plan is to release these panels towards the end of 2014. It’s not clear, but it’s likely that LG Chem aims to replace all current 60 lm/W OLED panels with the new 100 lm/W ones. According to reports from Korea, LG Chem claims that their OLED panels will be available at lower prices compared to LED lighting. I’m guessing this is more of a “forward looking” statement as OLED panels are still very expensive, even after LG’s plan to cut OLED prices by about 60% in Q3 2014 (from about $600/Klm to about $200/Klm). Read more about LG Chem to soon release 100 lm/W OLED lighting panels

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LG Chem to soon release 100 lm/W OLED lighting panels