LG Display to go ahead with an ambitious OLED TV plan?

A couple of weeks ago we reported that LG Display will make a final decision on its OLED TV panel production capacity investment by early February. According to KoreaTimes, LGD has decided to go ahead with an ambitious plan (an "all-out effort") to dominate the OLED TV market. This new report correlates with earlier KoreaTimes reports.

LG's 55EM9700 OLED TV

LGD's 2013 investment will be 3.8 trillion won ($3.6 billion USD), and most of it will be used to increase LG's OLED TV capacity and improve the technology, followed by investments into Flexible OLEDs and Oxide-TFT LCDs. The investment amount is about the same as in 2012, but this time the focus is different.

Posted: Jan 23,2013 by Ron Mertens