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LG to triple OLED production capacity

Posted on Thursday, April 22 2010 @ 19:55:38 CEST by

LG has committed 250 billion won ($225.7 million) to triple the capacity of its OLED production from the second half of next year:
LG Display, the world's No.2 maker of LCD panels, said the investment was part of a drive to boost its new growth engines of OLED, e-paper and solar cells.

LG Display is currently building a new OLED line for production in the third quarter and the new investment will triple production capacity of the line from the second half of next year, it said in a statement.
Source: Reuters



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