LG Display targets market dominated by Samsung – OLED panels for smartphones

Even as its Korean archrival Samsung Display consolidates is dominance of the small and medium sized OLED market with newer and nifty products, LG Display does not want to be left behind in competition. LG, which suffered a setback in its smartphone production and left the field, is now making a strategic move in the display market. 

LG Display has announced that it is coming up with an investment of $2.8 billion to expand the production of organic light-emitting diode (OLED) panels for smartphones and tablets. The new investment is aimed at establishing small and medium OLED lines (sixth-generation 1,500mm x 1,850mm substrates).

Investment for its plant in Paju, South Korea

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