LG Invests Billions In LCD Replacement

LG Display aims to invest the equivalent of nearly $3billion in mass-production of Organic Electroluminescence (OEL) panels from mid-2014 according to Japanese business paper, the Nikkei.

The Korean company will invest 220 billion yen in the OEL technology that consumes less power while producing sharper images in order to phase out LCD screens in the coming years.

It's reported that