LG Display to invest $1bn in flexible OLED displays

LG Display, the corporate arm of LG which makes shiny screens, has announced it will invest 1 trillion Korean Won (approximately 1 billion US Dollars or 640 million British Pounds) in flexible OLED display production lines.

LG Display to invest $1bn in flexible OLED displays


 

OLED (organic light-emitting diode) displays have some advantages over LCD (liquid crystal display). They can be thinner and lighter, flexible and depending on device configuration can be less power hungry. When using OLED displays you may notice colours are often more saturated than on LCD too.

Thanks to this additional investment, LG Display will be able to get its 6th generation production line up and running in 2017. What does this mean for gadget and smartphone enthusiasts like ourselves? Cheaper, flexible, better and more power efficient displays in our devices from 2017.

Bear in mind LG Display don’t just make displays for LG devices. Their components go into a wide range of other brands as well, so the benefits of this investment will be wider than you might think. I for one can’t wait to be reading Coolsmartphone articles on my heads up display helmet while commuting on my hoverboard in late 2017. That’s unless Dr Evil gets up to some mischief and gets the order of magnitude of a ransom in Korean Won wrong again…

LG Display to invest $1bn in flexible OLED displays

Source: LG Display

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