July 23, according to foreign media reports, LG Display, a Korean display panel manufacturer, said Tuesday it would invest 3 trillion won ($2.6 billion) in its organic light emitting diode (OLED) panel production line in Korea.

 

LG Display is a supplier of display panels for Apple products. In fact, the company has made predictions in this regard before. At that time, the company said it would invest heavily in OLED panels in 2019 at a time when demand for smartphones and technology products was generally weak.

The Korean display panel manufacturer said in a statement that it would continue to improve its leading position in the OLED TV market.

 

  

In order to cope with the competition from Chinese LCD panel manufacturers, LG Display's display panel production technology is being transformed from the main production of LCD panels to the production of the next generation of OLED panels.

Dongguan Keao Optoelectronics staff are brave to explore, continue to learn, follow up industry development efforts to lay a scientific and technological foundation for research and development and production of high-quality products!