SEOUL: South Korea’s LG Display said it planned to invest close to US$9.0bil (RM38.12bil) in a new plant to produce organic light-emitting diode (OLED) displays, anticipating a surge in demand for the ultra high-definition technology.
Total investment in the plant, to be built in Paju near the border with North Korea, is expected to top 10tril won (RM36.81bil), the company said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!