LG Display to invest $655 million to make OLED panels
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)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.