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LG Display Pledges 1.26 Trillion Won to Bolster OLED Business

The move follows a planned MOU with Gyeonggi provincial officials alongside Paju city leaders to secure government subsidies

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Overview

  • The 1.26 trillion won investment is part of LG Display’s broad capital expenditure plan and will be deployed through June 30, 2027.
  • Approximately 700 billion won of the funding is earmarked for upgrades at its Paju production campus.
  • The commitment marks the first major corporate investment under President Lee Jae Myung’s administration.
  • LG Display aims to formalize the plan in July by signing an MOU with Gyeonggi and Paju authorities.
  • Approval of state and local subsidies for the investment is pending a government review.