Why Are LG Display Shares Trading Higher Today?

LG Display Co Ltd LPL is a South Korean company that develops, manufactures, and sells TFT-LCD and OLED display panels for notebook computers, monitors, televisions, smartphones, tablets.

On Tuesday, the company disclosed its plans to invest KRW 3.3 trillion in small- to mid-sized organic light-emitting diode (OLED) panel production facilities in South Korea for sixth-generation OLED panels.

The investment will begin in the third quarter of 2021 through the first quarter of 2024.

Price Action: LPL shares traded higher by 4.28% at $9.02 on the last check Wednesday.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsTechBriefswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!