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LG Display secures 1.5 trillion won from National Growth Fund, to invest 3 trillion won in OLED

LG Display said it raised 1.5 trillion won in long-term, low-interest funding after being selected for the National Growth Fund’s second megaproject supporting OLED technology leadership. It will add 1.5 trillion won of its own funds to invest a total of 3 trillion won in developing next-generation OLED technologies and building production infrastructure. The company said the funds will focus on equipment for differentiated OLED technologies.