South Korean flat panel maker LG Display has signed a deal with Japan’s Panasonic for supplying its transparent organic light-emitting diode (OLED) panels, Yonhap news agency reported.
Panasonic will use the panels in its 55-inch OLED display modules, which in turn can be used for digital signage products.
LG Display in August said that it has provided the world’s first transparent OLED displays for subway train windows in Beijing and the southern Chinese tech hub of Shenzhen.
LG Display said transparent OLEDs are gaining interest from mobility customers in the areas of self-driving cars, airplanes and subways and from sectors such as the smart home and smart building industries.
The transparent display market is expected to grow at an average rate of 46 percent annually and reach $4.93 billion by 2024, said consulting firm Prescient & Strategic Intelligence.