Organic LED’s break the mold on your everyday light fixture. They bring curves and angles like you’ve never seen before. South Korea’s largest chemical company, LG Chemical, has developed an organic light-emitting diode (OLED) panel which lifespan is almost the equivalent to LED lighting. Compared to traditional LED’s, the organic LED’s have luminous efficacy of 100 lumens per watt and a life of 40,000 hours, while the traditional LED’s have 100 lumens per watt and a lifespan of 50,000 hours.
The main metric, lumens, is a industry standard when comparing the efficiency of lightbulbs to see which produces more light for less power. Originally the organic LED (OLED) panels were only able to a achieve a efficacy of 60 lumens per watt but has dramatically increased over the years to the 100 lumens per watt.
Over time LG chemical is hoping that their cost and prices will go down as more abundant technologies and breakthroughs happen. Even though the organic LED (OLED) panels are one-tenth the thickness and one-fifth the weight, the cost of making them is still unreasonably priced at upwards of 10 times costlier. LG Chemical states, ” We think the significance is in being able to grind the efficacy up to LED standards. We expect the unit costs to ultimately decrease by five-fold or more through ongoing developments.” LG chemical began producing organic LED (OLED) panels in 2008 and has since began mass production since 2010. These new types of organic LED (OLED) panels are scheduled to launch in November 2014, along with a developing automotive line using organic LED’s for rear lamps, while LG Chemical plans to market them this year throughout North America and Europe.
Nick is a graduate of San Diego State University, Class of 2012, with emphasis in Business Management. Join our Facebook Page to learn more about breaking news and leading technology in the Lighting / Electrical industries. https://www.facebook.com/rrlighting