Reblogged from VentureBeat:

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Beyond LCD, there's OLED. The new display technology boasts brighter colors, thinner panels, and allows for longer battery life than LCDs -- benefits that LG Display clearly has in mind as it ramps up its OLED HDTV panel investment.

LG Display announced today that it's investing $655 million (706 billion won) on a new eight-generation OLED manufacturing line in a South Korean factory.

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