Beijing July 27 news, according to Reuters, LG Display will invest 1.99 trillion won (about 1.75 billion US dollars) to increase the output of flexible OLED display.
It is reported that OLED display is widely considered to replace the LCD display in the next few years, becoming the standard smartphone. This move is also a new move it has taken to meet the needs of mobile device manufacturers.
LG Display has been focusing on the production of OLED displays for televisions and has fallen behind Samsung Display in the area of ​​OLED displays for smartphones.
It is understood that LG Display will build a new production line for the production of small and medium size flexible OLED displays in South Korea. Han Xiangfan, the company's CEO, said that for the display industry, the shift in technology to OLED represents opportunities and challenges.
LG plans to spend $1.75 billion to increase flexible OLED screen output (Photo by Reuters)
It is reported that OLED display is widely considered to replace the LCD display in the next few years, becoming the standard smartphone. This move is also a new move it has taken to meet the needs of mobile device manufacturers.
LG Display has been focusing on the production of OLED displays for televisions and has fallen behind Samsung Display in the area of ​​OLED displays for smartphones.
It is understood that LG Display will build a new production line for the production of small and medium size flexible OLED displays in South Korea. Han Xiangfan, the company's CEO, said that for the display industry, the shift in technology to OLED represents opportunities and challenges.