With the earlier rumors now taking its shape, The Korea Herald reports that LG Display reportedly chosen by the government so as to develop organic light-emitting diode displays (OLED). The company says it will develop proprietary technology for ultra high-definition, 60-inch flexible OLED displays by 2017. The project is a part of Korean government’s “Future Flagship Program” to promote next-generation technologies. The company will constitute a consortium, which includes Avaco for the development of the flexible OLED. The company said that the project will help widen the technological gap between Korea and the China’s fast-growing economy in the display sector.
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