LG Display says to invest $750 mln in small, medium displays

SEOUL Fri Aug 30, 2013 3:15am EDT

SEOUL Aug 30 (Reuters) - South Korean flat-screen maker LG Display Co Ltd, a key supplier to Apple Inc, on Friday announced a plan to invest 832.6 billion Korean won ($750.28 million) by 2014 in facilities to produce small- and medium-sized displays.

LG Display, which competes with Samsung Electronics , said in a regulatory filing the spending is aimed at coping with market demand for smart devices, without elaborating further.

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