LG Display unveiled its detachable Organic Light-emitting Diode (OLED) panel with the ability to stick to the wall, at a recent media event.

The 55-inch wallpaper OLED panel was introduced as the company’s future display, with the company announcing that it would focus on the high-end display as a future growth engine.

The new product is much slimmer compared with LG Display’s existing flagship 55-inch OLED panel that is 4.3 mm thick. They also showcased a convex OLED panel, typically used for digital signage for outdoor advertising that is bigger in scale.

The OLED panel, unlike its predecessor – the liquid crystal display (LCD), emits light by itself based on electric current and without any backlight unit. This allows the build of the TV to be much slimmer and lighter.

Yeo Sang-deog, the head of LG Display’s OLED division, says the company will increase OLED production substantially from the third quarter of this year in order to meet clients’ demand.

“We should be able to supply a satisfactory volume to our clients from July or August, which means we’re hoping to buckle down production as well as promotion from the third quarter,” he said.

The sales target for for OLED panels for 2016 is retained at 600,000 units for this year and 1.5 million units for 2016. Yeo attributes improvement in yields for OLED panels as the main factor to achieve the sales target for next year.

“It has taken a year and half for us to raise the yield to this level (for OLEDs), while it’d taken nearly 10 years to achieve the yield for LCDs,” he said.

Todate, the company has launched 55-inch, 66-inch and 77-inch OLED TVs, and plans to introduce a 99-inch OLED panel within this year.

While the company intends to keep its focus on large screens, LG Display will also continue to make advances in its transparent displays and rollable and flexible displays for wearable devices or automobile dashboards.

To find out more about LG’s latest 55″ Curved OLED TV, visit http://www.lg.com/my/tvs/lg-55EC930T