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For the global OLED TV and industrial development, this is undoubtedly a heavy news. Since the sale of OLED TVs in 2013, LG Electronics has been immersed in the suspicion of unicorns. In particular, the company's TV business suffered continuous losses in the first half of this year, and the external world expressed concern about its strategy of fighting alone with OLED TVs.
However, according to home network, LGD may actively open cooperation with Chinese manufacturers in order to expand the OLED TV market and avoid repeating the mistakes of plasma TV. At present, the Chinese market is the world's largest consumer of color TVs, and Chinese manufacturers are also replacing the status of Japanese manufacturers. The prosperity and popularity of OLED TVs must obviously be supported by Chinese companies in order to grow. 
The status quo in the past two years has already explained the problem. All the smart TVs and 4K TVs that are pushed by Chinese manufacturers are first popularized in China, and then they have only begun to emerge in Japan, Europe, and North America. In a sense, the failure of Japanese manufacturers is that the Chinese market has not achieved the brand sales advantage of the latest products, not just because of the price war.
From the perspective of LGD's billions of dollars, LG still regards OLED TV as the first position. It is reported that LG Display plans to expand the new production line of P9 at its plant in Gyeonggi-do, Paju, South Korea, and the total investment will be as high as 2 trillion won.
According to HomeNet, on July 24, LGD announced publicly that it will invest 1.05 trillion won (approximately 5.7 billion yuan) to build a small and medium-sized OLED panel production line at Gyeongbuk-do, Gumi, South Korea, mainly for mobile devices. 
Therefore, in the next two to three years, it will be an outbreak of OLED TVs and OLED panels. For Chinese manufacturers and some Japanese manufacturers, LGD's investment may have a knock-on effect. Typical is the decline in panel prices brought about by the increase in production capacity, which in turn is a drop in the price of OLED TV terminals.
According to home network, in April this year, the market also reported that Samsung may restart its OLED TV program. At the time, the news was that Samsung Display was still considering the timing of mass production of OLED TV panels. However, it has begun to focus on large-size OLED panel R&D and applied for multiple patents on OLED technology at the same time.
In 2013, Samsung and LG both focused on OLEDs as the next-generation TV technology. They all launched OLED TVs and held conferences in China. In September of that year, Samsung had released and listed a 55-inch OLED TV in China. However, Samsung later announced that it would delay the promotion of OLED TVs.
According to the survey data of the research organization Display Search, the total market for OLED TV panels in 2015 will reach US$1.43 billion, which is more than 3 times that of 2014's US$500 million.
According to the latest news, South Korea’s LG Display (LG Display), a panel company of South Korea’s LG Electronics, plans to invest more than 2 trillion won (about 11 billion yuan) for the large-scale expansion of large-scale OLED (organic) TV panel production lines. Not only that, LG Group also plans to invest 10 trillion won in 2018 to expand the entire OLED industry.