LG Display Injects US $1B in Construction of OLED Display Module Factory in Vietnam - Energy Watch News


LG Display Injects US $1B in Construction of OLED Display Module Factory in Vietnam

The company will invest US $1.5 billion in the factory and expects the new module assembly plant will contribute to increasing production of OLED display panels back in Korea. LG Display, supplier of smartphone screens to clients including Apple and LG Electronics, said that the lower human resource costs are the key factor that encouraged the Korean giant to construct the new facility. This is clearly a reasonable move, echoing other electronics firms operating in Vietnam, including Samsung, Microsoft, Intel, Canon, Panasonic and Toshiba. http://www.koreatimes.co.kr/www/news/tech/2016/04/133_202043.html

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