Saturday, April 20, 2024

LG’s display arm invests billions to take OLED mainstream

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LGs much-coveted OLED screens are set to become more attainable to the average Joe. The South Korean company has announced plans to invest a further 7.8 trillion Korean won ($7 billion) into production over the next three years in a bid to meet rising demand from smartphone and TV manufacturers.

Around $2.5 billion will be spent on developing a new line of larger OLED screens, while $4.5 billion has been earmarked for a separate line of flexible OLEDs. Both production lines will be ….
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