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LG Display reported to be considering OLED display investment

LG Display would invest up to US$ 800 million to build a new plant to make small-and-medium flexible OLED displays

6 Jul 2015 | Editor

According to a report by Reuters LG Display is considering making a substantial investment in OLED display technology. LG Display said that it plans to spend up to 900 billion won (US$800 million) for a new production plant.

The plant will produce flexible OLED panels used for smartphones and wearable products and will be built in South Korea.

The display panel maker, which supplies screens to Apple Inc and sister company LG Electronics Inc, has been considering whether to build a new production line for the flexible OLED panels or convert existing capacity.

www.lgdisplay.com   

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