LG Spending More than 8 Billion Dollars for OLED Items

04df7c3960f74939b0f22d9897baeaf4The most fantastic OLED 4K TV of LG is still hot favorite in the market, but the main problem is price. The price level should be according to the purchasing capabilities for mass consumers. But we hope that LG Company would solve this problem next time and they should consider the economic scale of LG lovers. A Reuters’s report is indicating that a South Korean firm is investing approximately more than 8.71 billion U.S dollars or more than 10 trillion Korean won, in order to utilize on a new manufacturing facility of display panels in Paju, South Korea.

Possibly this can create a number of losses because the tech giant experienced stumbling in their production at one of LGs TV plants due to gas leakage incident a couple of months ago in the current year. If you are assuming it, then you will be able to get a 95 inch UHD display from the LG Company at the price of 1,000 U.S dollars throughout next Black-Friday. Reuters further added that this new manufacturing plant for automotive and TV sized panels is expecting to be started in 2018.

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