LG Display Co., a global panel maker, plans to spend an additional 1 trillion won (US$915 million) this year on its large-sized organic light-emitting diode (OLED) panel production line in South Korea to meet growing demand, industry sources said Wednesday.
LG Display has already spent 800 billion won on the OLED panel production line, which produces panels for TVs, the sources said.
LG Display is told to have commenced production at the production line starting November 2014, but the detailed capacity has not yet been revealed.