I've been reading through the transcript of the recent LGD earnings call here: http://seekingalpha.com/article/2587...p=qanda&l=last
Where I found this tidbit:
"The first question will be provided by Andrew Abrams from JG Capital. Please go ahead, sir.
- JG Capital
Hi. Thank you for taking my questions. First, I was just trying to get a little color on the status of the OLED fabs. I'm assuming that you're still producing TVs on the pilot line. Is that correct? And also, when would you expect the new gen-8 line to start taking over some of that production capability?
Hee Yeon Kim
- Head of IR Department
As we continue to comment, we will add additional OLED production base at the end of this year
. There might be a similar scale at around 6K on top of the 8K
. So this is our schedule.
And then if our production [indiscernible] improvement [indiscernible] we will add more 20K at the end of next year
. That's our plan. And all the progress is in line with our original plan."
So if we take this at face value, it means they will have only the 8K half-Gen8-sheet M1 pilot capacity until the end of this year, M2 will be ramped to a first phase of 6000 full Gen8 sheets by the end of this year, and then (after whatever indiscernible improvements are achieved) will be ramped with an additional 20K sheets per month to the full capacity of 26,000 sheets per month by the end of 2015.
If LG will truly only be running M2 at 6000-sheet phase I capacity through 2015, that equates to a maximum of 460,000 55" OLEDs from M2 in 2015...