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LG Display invests $400m to boost OLED display capacity

LG Display invests $400m to boost OLED display capacity

Business news |
By Field Editor



Reuters is reporting that about three quarters of the LG Display will be invested to boost flexible OLED capacity and the remainder will go to building a dedicated OLED lighting production line.

LG Display committed 1.05 trillion Won in July 2015 to building the company’s fourth organic light-emitting diode factory in the South Korean city of Gumi.

LG Display currently operates nine fabrication facilities and seven back-end assembly facilities in Korea, China, Poland and Mexico.

Related articles and links:

www.lgdisplay.com

News articles:

LG Display invests in 5th generation OLED light panel plant

Universal Display and LG Display enter OLED patent agreement

LG Display bolsters OLED business to take on Samsung

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