LG Display to expand its Vietnamese OLED TV module factory in a $750 million investment

According to reports from Vietnam, LG Display plans to expand its OLED TV module production facility in Hai Phong, Vietnam, in a $750 million investment. If approved, LG's plan will increase its total investment in Vietnam to $3.25 billion.

LG Display built it first Hai Phong facility back in 2016, and it then expanded the module factory in 2017. According to recent reports, Samsung Electronics is also looking into building an OLED display module factory in Vietnam.

Posted: Feb 08,2021 by Ron Mertens