Tech content trusted by users in North America and around the world
7,252 Reviews & Articles | 52,632 News Posts

LG confirms $1.75 billion investment in flexible OLED displays

LG doubles down on flexible OLED display investment as new era approaches
By: Sean Ridgeley | Displays & Projectors News | Posted: Jul 27, 2016 7:07 pm

LG invested $905 million in flexible OLED displays last year, and apparently it liked the results, because it's putting $1.75 billion into it this year (the investment was rumored last month, and now the company has confirmed it). The end goal with its investment is to produce bendable screens for use in mobile phones, at least one of which doubles as a tablet.




It's said the company sees flexible phones as part of an "approaching era", and so is putting its gobs of money where its mouth is. Its already released the LG G Flex and G Flex 2 to that end as well. Market research firm IHS DisplaySearch says it anticipates flexible OLED shipments to grow from 59 million shipments this year to 416 million in 2020.


Related Tags

Got an opinion on this news? Post a comment below!
Subscribe to our Newsletter

Latest News Posts

View More News Posts
View Our Latest Videos

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases