LG to build a new OLED plant for more than $8.71 billion

In the past couple of years, we've constantly seen launches of OLED TVs with amazing picture quality, but high prices kept their sales way below the slightly worse but far cheaper LCD TV sets Now, LG is betting big on OLED: According to a Thursday report by Reuters, the company plans to invest more than 10 trillion won ($8.71 billion) to build an OLED plant in Paju, South Korea See also: LG unveils a super-thin OLED TV you can stick to a wall The plant will be used to produce OLED panels of all ...