LGD confirms it is in talks with strategic partners to fund its aggressive OLED expansion plans
A few days ago LG Display disclosed its financial results for Q2 2017 and announced a large OLED investment plan to increase capacity for both OLED TVs and small-sized flexible OLEDs.
During its investor conference call, LG Display disclosed that it plans to finance some of the capacity increase through strategic partnerships such as customer commitments. In the past months we heard reports that both Apple and Google are in talks with LGD regarding an investment to secure OLED capacity. It seems likely that LGD now verified these reports - but the investments are probably not finalized yet.