LG Display to increase its OLED module production capacity in Vietnam in a $1 billion investment
LG Display announced that it will invest $1 billion to increase its OLED module fab capacity in Vietnam's Hai Phong Economic Zone. This will bring LGD's total investment in Vietnam to date to $5.65 billion.
LG Display first built its Hai Phong facility in 2016, and it then expanded capacity several times. The last capacity increase was announced in 2021.