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FEB 18, 2013 - Fast Company

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Home OLED TVs More Likely After Huge LG Investment

LG is investing nearly two thirds of a billion dollars in next-gen TV screen tech. LG Display has said today that it is going to spend 706 billion Korean won to construct an eighth-generation OLED TV panel production line in an existing plant in South Korea. Money will start to go to the project inside the next month or so, with mass production expected in early 2014. LG released the world's first 55-inch OLED TV in January, and this move is all about commercializing the next-generation technology and trying to inject some life into the HDTV market. TV sales have begun to drop off in many ... Read More

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