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LG Display to Amp Up Flexible Display Production

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Jul 23, 2015, 7:13 AM by Eric M. Zeman

LG Display said it intends to invest about $907 million in a new plant that will focus on making flexible displays. The company said it believes smartphone makers will begin to increase demand for such screens in the years ahead. LG Display expects to begin production of its sixth-generation substrate sheets by the first half of 2017. The company says this new process can deliver more than 200 5.5-inch plastic OLED displays from a single substrate, which is four times more than its fourth-generation substrate. LG was one of the first to bring a smartphone with a flexible plastic OLED screen to market, the LG G Flex. LG's new line will join others in Gumi City, where LG says it has invested $12.1 billion over the years and created thousands of jobs.

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