LG Chem has developed the world’s first OLED light panel with high luminous efficacy and long-lasting performance that can compete with LED lights.



The industrial materials giant said Thursday that its OLED light panel has an efficacy rate of 100 lumens per watt that can last about 40,000 hours. Existing OLED lights have 60 lm/w.



Fluorescent lights typically have the same luminous efficacy as OLED lights, but only last about 20,000 hours, while 100 lm/w LED lights have a longer lumen output by about 10,000 hours than OLED lights.



But LG Chem said the production of OLED light panels takes fewer steps and processes than that of LED. To this end, OLED lights weigh 20 percent lighter than LED lights.



An Acuity Brand light using LG Chem’s OLED panel. (LG Chem)