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Electronics

LG Display to invest $2.8bn in light-emitting diode facilities

Investment will take place starting this month until March 2024

The investment will be in South Korea for sixth-generation OLED panels, and the facility is expected to begin operations in 2024.    © Reuters
| South Korea

SEOUL (Reuters) -- LG Display said on Tuesday it plans to invest 3.3 trillion won ($2.8 billion) in small- to mid-sized organic light-emitting diode (OLED) panel production facilities.

The investment will take place starting this month until March 2024, the display panel maker said in a regulatory filing.

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