LG to build a new OLED plant for more than $8.71 billion

In the past couple of years, we've constantly seen launches of OLED TVs with amazing picture quality, but high prices kept their sales way below the slightly worse but far cheaper LCD TV sets

Now, LG is betting big on OLED: According to a Thursday report by Reuters, the company plans to invest more than 10 trillion won ($8.71 billion) to build an OLED plant in Paju, South Korea

The plant will be used to produce OLED panels of all types and sizes, including small, flexible ones for smartwatches and car displays, as well as large screens for TVs Read more...