LG Group plans huge investments in Electronics and AMOLED



OLED-Display.net


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The LG Group announced that they will boost the investment in 2011 by 12 percent. LG Group plans to invest 18,8 billion dollars. 70 percent of the investments are for LG Electronics, smartphones, tablet-pcs, OLED.

LG Display will continue to work on AM OLEDs, 3D panels and electronic paper, while LG Innotek will push high-end LED light bulbs.

LG plans to introduce a 31 inch 3D OLED-Television panel in 2011.

LG Electronics will hire more research staff for a better position markets for smartphones, tablet PCs, and smart and 3D televisions.

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Source:LG-Group

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