LG will spend $655 million manufacturing OLED panel

Reuters reported South Korean technology giant LG said Monday that the company will invest 706 billion won ($655 million) for the manufacture of the next generation television display. OLED display technology has the characteristics of self luminous, the coating of organic material and the glass substrate is very thin, when a current is passed, these organic materials will be light, and OLED display screen viewing angle, and can significantly save power, from the beginning of 2003 the display device has been widely used in MP3 player, OLED screen they have many LCD incomparable advantages, so it has always been optimistic about the industry.