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What Hi-Fi?
What Hi-Fi?
Technology
Lewis Empson

LG is increasing OLED panel production – could cheap OLED TVs be on the way?

LG C4 OLED TV photographed on a stand against a dark grey curtain. On the screen is the new webOS smart platform.

LG Display has announced a plan to invest $1 billion into its OLED panel manufacturing business. It plans to increase the production of OLED panels which will be used in upcoming TVs, monitors and laptops. 

In an article from the Korean Times LG Display confirmed that it is set to raise 1.2925 trillion won ($971 million), with a spokesperson confirming that "The company is increasing the proportion of OLED products in all business areas, ranging from large, medium and small".

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