LG Display repays loan, invests in OLED
June 9, 2025
By Chris Forrester
Technology giant LG Display reports that it has repaid a 1 Trillion Won (€644m) loan owed to its parent company LG Electronics. LG Display added it will also invest more than $500 million (€437.5m) in new OLED production facilities.
It is not known whether the new investment will add production lines at its Paju facility (just outside Seoul), or whether some cash will go into new R&D concepts or a new OLED factory.
The news emerged at the SID Display Week 2025 in San Jose, California.
Other posts by :
- Deutsche Bank reveals targets for AST SpaceMobile
- AST SpaceMobile boss outlines benefits
- Report: LEO build-out accelerates
- Germany outlines space commitment
- Analysis: Impact of AT&T on US telcos and cable
- Bezos rocket production boosted
- Musk delays Moon landing until 2027
- Hughes Satellite facing cash crunch
- Major banks support AST SpaceMobile
