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LG Display to Build $1.6B OLED Plant in Korea

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SEOUL, South Korea, Dec. 3, 2015 — LG Display has committed an initial 1.84 trillion KRW (about $1.6 billion) to construct an organic LED (OLED) display panel production facility called P10 in the city of Paju. The initial investment will be used to construct the building and cleanrooms, and create infrastructure for utilities. Total investment to complete the project is expected to reach about $8.7 billion. The P10 plant will mainly produce large-size OLED TV panels (ninth-generation or above) and flexible OLED panels for smart watches and automotive displays. Mass production is scheduled to begin in the first...Read full article

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