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LG Display says to invest $2.8 billion in small- to mid-size OLED facilities

Published 08/16/2021, 06:59 PM
Updated 08/16/2021, 07:00 PM
© Reuters. An LG Electronics' logo is pictured on a TV displayed at a shop in Seoul, South Korea, April 26, 2016.   REUTERS/Kim Hong-Ji/Files
LPL
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SEOUL (Reuters) - LG Display (NYSE:LPL) Co Ltd said on Tuesday it plans to invest 3.3 trillion won ($2.83 billion) in small- to mid-size organic light-emitting diode (OLED) panel facilities.

© Reuters. An LG Electronics' logo is pictured on a TV displayed at a shop in Seoul, South Korea, April 26, 2016.   REUTERS/Kim Hong-Ji/Files

The investment will take place starting this month until March 2024, the display panel maker said in a regulatory filing, without giving other details.

($1 = 1,164.8800 won)

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