LG Display announced to invest KRW1.05 trillion(almost $1 Billion) in 6th gen. flexible OLED display.

In a press releases, LG Display one of the world’s leading innovator in display technology will invest approx. $1 Billion in new technology display i.e 6th generation flexible OLED display.

LG-Display

These 6th gen display will produce almost 4 times more 5.5 inch display products than currently produced by 4.5th gen which uses 730mm * 920mm substrate sheets.The display will be used for smartphones,wearing devices,smart TV’s etc. for better features.

The production with these new gen. will start from early of 2017 and make economical growth more better by producing several jobs. Market of 6th gen OLED display will increase its sale from $3.5 Billion in 2015 to $4.8 Billion in 2021.

Source

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LG Display announced to invest KRW1.05 trillion(almost $1 Billion) in 6th gen. flexible OLED display.

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