by Jin Kim




LG Display To Invest US$657 Million To Expand OLED Production


DIGITIMES:

LG Display has announced it will invest US$657 mil­lion to con­struct a new 8.5G line for pro­duc­ing OLED TV panels.

Most likely in Paju.

The mar­ket observers said the OLED TV pan­els are likely to be pro­vided only to LG Electronics, which will sell the TV unit at a US$10,000 price tag.

Not will sell the OLED TVs, but is cur­rently sell­ing. LG Electronics announced pre-orders reached more than 100 units. That’s not that many con­sid­er­ing hun­dreds of mil­lions of TVs are expected to be sold in 2013, but that’s 100 55-inch OLED TVs more than any other brand.








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