LG Display announced that it has raised $1 billion in long-term loans from international banks, that will be invested in expanding its OLED module production line in Vietnam.

LG Display OLED assembly fab, Hai Phong Vietnam

In September 2021 LGD announced it is set to expand its Hai Phong fab capacity to 13-14 million monthly units, in a $1.4 billion investment. It's not clear whether the new funds are an addition to that, or is this the funding for the 2021 announcement.

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