LG Display, which supplies Apple with flexible OLED screens for the Apple Watch and LCD panels for other gadgets, is reportedly building a brand new facility that will significantly increase its OLED panel production as the firm looks to meet expected market demand as of 2017 onwards, according to a report from Korea's Digital Times cited by DigiTimes.
The new plant will cost north of $4 billion to build, with assembly lines expected to start churning out OLED panels for smartphones, tablets and TVs sometime between 2017-2018.