More From Livemint »LG Display is the world’s No. 1 LCD maker for televisions and also manufactures nearly all large OLED screens for televisions globally. Apple Inc, one of LG Display’s key clients, is widely tipped to adopt OLED displays for the iPhone 8 expected in the second half of 2017. Its planned 15 trillion won investment over three years implies an average of 5 trillion won in capital spending per year, above its usual 4 trillion won, but analysts said it will probably not be enough. LG doesn’t have the firepower to single-handedly build a lot of OLED production lines.”LG Display said it would not comment on client companies.

Source: Mint July 25, 2017 13:18 UTC