LG Display Will Invest Almost $1 Billion In Flexible OLED Display Production

By 01:13 Mon, 26 Jul 2021 Comments

LG Display announced that it will invest almost $1 billion in flexible Organic Light-Emitting Diode (OLED) display development. The Korean giant’s division will open a sixth-generation flexible Organic Light-Emitting Diode (OLED) production line in order to better cater to the rapidly growing market.

The recent production line is set to start mass production in the first half of 2017. It will have nearly four times the production efficiency of the currently available conventional production line.

LG’s massive investment will assist it develop even more advanced foldable displays, as well as large auto displays. The tech giant will also be able to cater not only to its own flexible display needs, but also those of a number of potential customers, including Apple.




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