LG OLED HDTVs are still far from having entered the mainstream to be. Now, however, the Korean electronics giant LG is planning to invest nearly 490 million euros in new production facilities in Paju / South Korea. This is the OLED technology to be groomed for mass production. Currently, 55-inch OLED HDTV cost more than 10,000 euros. That is unlikely to change in the near future hopefully. For even if Apple’s Tim Cook thinks nothing of OLED. We believe in it. Read the PM after the break.

LG Display Announces Investment in New 8th generation OLED TV panel line

Seoul, Korea (February 18, 2013) – LG Display [NYSE: LPL, KRX: 034220], a leading innovator of display technology, announced today that it has decided to invest KRW 706 billion in a new 8th generation OLED TV panel manufacturing line 2.200 × 2.500 , to be installed at its P9 plans in Paju, South Korea. Continue reading LG invested 490 million euros in OLED HDTV production →