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LG to invest $908.11M in OLED facilities

Originally published July 23, 2015

SEOUL: South Korea’s LG Display Co Ltd said on Thursday that it will invest 1.05 trillion won ($908.11 million) to boost capacity for plastic organic light-emitting diode displays to be used for smartphones, cars and foldable screens. The demand for plastic screens is on the rise- which will inevitably lead to a dramatic decrease in overall device cost (smart phones, TVs, car dashboards, ect)