28-07-2016 23:10 via theverge.com

LG Display invests $1.7 billion to produce flexible OLED phone screens

LG Display will spend around $1.7 billion to build a new production line for making flexible OLED smartphone screens. Flexible smartphone screens, which go into phones like the curved Galaxy S7 Edge, are becoming increasingly popular, and they seem likely to become a dominant style in a few years. The investment is meant to let LG become a leader in this display tech — it may have buyers lined up already, or LG could be planning to use the displays itself.
The production line will be
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