TECHNOLOGY VIDEO

Pete Flint, co-founder and chief executive of Trulia, speaks at the Reuters Global Technology Summit in San Francisco, June 17, 2013. REUTERS/Stephen Lam
REUTERS GLOBAL TECHNOLOGY SUMMIT

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At the Reuters Tech Summit, Trulia chief executive Pete Flint says private equity investors are starting to pull back from buying U.S. real estate, while overseas buyers are coming on strong once again.  Video 

 

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The Afghan Army

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LG Display to invest $655 million to make OLED panels

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Showgoers look at a display of 55-inch OLED televisions in the LG Electronics booth during the first day of the Consumer Electronics Show (CES) in Las Vegas January 8, 2013. REUTERS/Steve Marcus

Showgoers look at a display of 55-inch OLED televisions in the LG Electronics booth during the first day of the Consumer Electronics Show (CES) in Las Vegas January 8, 2013.

Credit: Reuters/Steve Marcus

SEOUL | Sun Feb 17, 2013 5:29pm EST

SEOUL (Reuters) - South Korean flat-screen maker LG Display said on Monday it would invest 706 billion won ($654.8 million) to manufacture next-generation displays used in televisions.

LG Display, currently the sole manufacturer of organic light emitting diode (OLED) panels used in TVs, said mass production from its new production line will begin in the first half of next year.

($1 = 1078.1500 Korean won)

(Reporting by Miyoung Kim)
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Comments (2)
wthcares wrote:
They’re not selling the LED/LCD/plasmas now, who cares?

Feb 17, 2013 9:19pm EST  --  Report as abuse
wthcares wrote:
They’re not selling the LED/LCD/plasmas now, who cares?

Feb 17, 2013 9:19pm EST  --  Report as abuse
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