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Google's investment 'not decided': LG Display

All News 09:58 April 11, 2017

SEOUL, April 11 (Yonhap) -- LG Display Co. said Tuesday that nothing has been decided on the latest rumor in the market surrounding U.S. Internet giant Google Inc.'s potential investment in the company.

Through a regulatory filing requested by the Korea Exchange, the main bourse operator, LG Display said nothing has been concluded on the matter just saying that various clients have been taking a closer look at the global market for flexible organic light-emitting diode (OLED) products.

Industry sources said Monday that Google is willing to make an investment totaling some 1 trillion won (US$875 million) in LG Display's flexible OLED panels.


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