LG Display says to invest $655 mln to make OLED panels
SEOUL (Reuters) - South Korean flat-screen maker LG Display (034220.KS) said on Monday it would invest 706 billion won to manufacture next-generation displays used in televisions.
LG Display, currently the sole manufacturer of organic light emitting diode (OLED) panels used in TVs, said mass production from its new production line will begin in the first half of next year. (Reporting by Miyoung Kim)
- Tweet this
- Share this
- Digg this
Alibaba Group priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion, in the latest sign of strong investor appetite for the Chinese e-commerce juggernaut. Full Article