Corning believes that its current facilities in Asia, used for producing its LCD display products, will be capable of making the transition to OLED glass, without the need for major investment.

The global demand for LCD glass currently stands at three billion square feet, while OLED glass is estimated to be at 10 million square feet in 2011.

LG Electronics has recently announced its plans to manufacture large screen OLED televisions, indicating a potential increase in demand.