LG Display invests $226 million as it triples OLED capacity

LG Display knows that OLED is the way to go forward, and has hence thrown their lot by investing $226 million into its OLED production facilities in order to triple output. As at press time, the production line is being built, with a planned activation ready and waiting to occur sometime in Q3 this year, which means the cash infusion will probably bear fruit sometime in the second half of 2011. Would this help LG catch up with Samsung when it comes to the world of OLED displays? Only time will tell, but it does seem as though OLED TVs are now the way of the future.

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