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April 26, 2010

LG pumping more money into OLED despite 3D revolution

oled-lg.jpgDespite OLEDs head start on the 3D TV revolution, the latter is taking up much of the world's mind share in 2010. However, LG is still bullishly pushing ahead on OLED, investing $226 million in its Korean production lines. Unfortunately the new lines won't be active until at least the third quarter of 2010 meaning we won't see any end user effects until sometime in the second half of 2011. Also of note, we don't necessarily know whether the majority of the new LG OLED displays will end up in cellphones or in HDTVs like the 15EL9500.

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Posted by Justin Davey at April 26, 2010 7:15 PM

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