According to Digitimes, some “industry sources” say that LG Electronics dropped its OLED TV sales target for 2015 from 5 million TVs to only 800,000. LG still expects OLED to become the mainstream TV display technology in the future. While it ain’t good to hear that LG is less optimistic, it should also be noted that the 5 million sales target (which indeed we heard from one LG executive ) was never realistic. LGD’s upcoming Gen-8 M2 OLED production line (which is still not online) will have a monthly capacity of 26,000 substrates – or about 150,000 55″ panels. Assuming 100% yields (which is not achievable, obviously) – that’s only 1.8 million panels in a year, assuming full production capacity is achieved on January 1st. Read more about LG Electronics expects to sell 800,000 OLED TVs in 2015

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LG Electronics expects to sell 800,000 OLED TVs in 2015