A few months ago, LG Display announced a new plan to invest $745 million in its OLED production facilities, to improve its technological competitiveness, following a $925 million plan announced last year to advance its OLED technologies and production facilities.
This week Avaco announced that LG awarded it with a contact to supply 6-Gen AMOLED vacuum automation equipment.
Earlier this year Avaco announced that it has signed a contract with BOE to supply it with the OLED deposition systems, for the second phase of BOE's upcoming 8.6-Gen production line.
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Posted: Jun 05,2026 by Ron Mertens
