LGD to expand its OLED TV module factory in Vietnam

According to the Korea Herald, LG Display approved a plan to expand its OLED TV module plant in Vietnman. LGD will invest around $1.1 billion USD to expand the Vietnamese plant, which assembles the TVs (the panels themselves are produced in Korea). This fab expansion is planned to be carried out in the next four years in several phases.

The Korea Herald speculates that this expansion plan may have been approved due to Korea's government reluctance to approve LGD's OLED TV fab in China, although the Chinese fab will be an OLED TV fab and not a module plant.

Posted: Dec 04,2017 by Ron Mertens