LG Raises OLED Investment on Chinese LCD Progress
LG Display is to shift its investment priority to OLED displays, due to the speed with which Chinese rivals are catching up in the LCD market. Over the next 10 years, LGD plans to spend KRW10 trillion ($8.5 billion) on ‘future displays’. These include OLEDs, flexible units and high-end LCD screens. The size of the … Read more