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Universal Display Corp. Message Board

  • ynotgoal ynotgoal Jan 21, 2013 4:46 PM Flag

    LG Display goes all-out for OLED

    LG Display, the leading provider of liquid crystal displays (LCDs), is now preparing an all-out effort to extend its dominance to the new world of digital displays shaped by organic light emitting diodes (OLEDs).

    The company is to spend 3.8 trillion won (about $3.6 billion) this year on adding facilities and improving technologies with the predominant focus on improving its capabilities for OLED screens, becoming conventional in smaller devices like smartphones and tablets and beginning to appear in larger products like televisions.

    ``Of our investment budget, OLEDs will take up the biggest slice of money, followed by research for flexible displays and oxide-based LCD technologies,’’ an LG Display official told The Korea Times.

    LG Display also plans to mass produce bendable displays, intended for use in mobile devices, within the year.

    koreatimes

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