OTI to Use LG Investment to Speed OLED Materials Production to Scale

LG Technology Ventures, the venture capital subsidiary of LG Group, made an unspecified strategic investment in OTI Lumionics, a supplier of advanced materials for OLED displays, said the companies Wednesday. OTI will use the funds to speed adoption of cathode patterning materials for mass production in mobile devices and other displays starting in Q4, they said. Cathode patterning can enable new display applications for OLEDs, including transparent displays, under-display cameras and sensors, foldable displays and automotive displays, said OTI.