lg display to invest $2.6 billion in oled panel plant in south korea

by:LCD Mall     2020-08-16
SEOUL (Reuters)-LG Display (034220. KS)
On Tuesday, it said it would invest 3 trillion won (2.
9 billion)
In the organic lightLEDs (OLED)
Panel production line in Korea. The Apple (AAPL. O)
Suppliers earlier predicted that the company\'s investment in OLED panels would reach 2019 in the face of weak demand for smartphones and technology products.
In a statement, the company said it would continue to expand its leading position in the oled TV market.
LG Display is changing its main LCD Display (LCD)
Business to the next
With the LCD panel industry crowded with Chinese competitors, a new generation of OLED panels came into being.
The South Korean company plans to announce the second time
Quarterly earnings late Tuesday.
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