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Electronic information

Investment $ 40,000,000 LGDisplay built solar cell production

In Electronic Infomation Category: R | on July   10, 2011

6 Yue 16 news, the worlds second-largest liquid crystal display (LCD) manufacturer LGDisplay today announced that South Korea will invest 50 billion won (U.S. $ 39,500,000), in the second half of this year to establish its thin film solar cell production line.

LG Display, said Chung In-jae, chief technology officer, the company has a thin film transistor liquid crystal display (TFT-LCD) production line, so have the ability to expand into thin film solar cell manufacturing business.

Estimated according to market research firm NanoMarkets, thin film solar cell market will be 4.6 billion dollars in 2011 to 2015, significantly extended to 14 billion U.S. dollars.

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