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Wednesday, July 27, 2016

LG to pour $1.75 billion in "paradigm shifting" OLED displays production

LG to pour $1.75 billion in "paradigm shifting" OLED displays production:





Amidst a slump which saw profits shrink by 91% in the past quarter, LG Display announced its plans to double down on flexible OLED panel production. The company is aiming to invest $1.75 billion in its flexible OLED production lines, preparing to meet growing demand from the smartphone market.



OLED screens have become an increasingly popular choice for TV and smartphone screens with their falling costs and performance advantages. But it's flexible OLED screens which will spark much needed innovation in design and functionality. LG Display CEO, Dr. Sang-Beom Han, describes the transition ...


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