It has been rumored that LG Display plans to build an OLED panel factory in Guangzhou, China. Since then, LG Display has confirmed this news and said that the plant is mainly used to produce large-size OLED panels to meet the overseas market for such TV screens. Growing demand. It is finally approved by South Korea, but there are also prerequisites.
According to foreign media reports, the South Korean Ministry of Trade said on Tuesday that a committee has approved LG Display's plan to build a new OLED panel factory in China.
LG Display said five months ago that it will invest in a large-scale OLED panel factory in Guangzhou to meet the rapidly growing demand for TV OLED panels in overseas markets.
The Korea Ministry of Trade said that the precondition for this approval is LG Display's efforts to increase the use of local materials and equipment, future investments in Korea, and strengthening security inspections.
LG Display has not commented on this yet.
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