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LG Display says to invest US$2.8 billion in small- to mid-size OLED facilities

LG Display says to invest US$2.8 billion in small- to mid-size OLED facilities

An LG Electronics' logo is pictured on a TV displayed at a shop in Seoul, South Korea, April 26, 2016. REUTERS/Kim Hong-Ji/Files

SEOUL : LG Display Co Ltd said on Tuesday it plans to invest 3.3 trillion won (US$2.83 billion) in small- to mid-size organic light-emitting diode (OLED) panel facilities.

The investment will take place starting this month until March 2024, the display panel maker said in a regulatory filing, without giving other details.

(US$1 = 1,164.8800 won)

(Reporting by Joyce Lee; Editing by Sonya Hepinstall)

Source: Reuters

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