National Growth Fund to Provide 1.3 Trillion Won Low-Interest Loan to LG Display... Supporting OLED Superiority

500 Billion Won Low-Interest Loan Also Provided to Techwing
Fostering Next-Generation OLEDs and Strengthening the HBM Supply Chain

The National Growth Fund will provide a low-interest loan of 1.3 trillion won to LG Display for its next-generation organic light-emitting diode (OLED) facility investment.

The Financial Services Commission approved two agenda items related to low-interest loan support for LG Display and Techwing at the National Growth Fund's Fund Operation Review Committee meeting held on July 30. The support amounts are 1.3 trillion won for LG Display and 50 billion won for Techwing.

This support for LG Display is part of the government’s “Securing Superiority in OLED” project, one of the second round of mega projects announced in April 2026. LG Display is investing 3 trillion won in advancing next-generation OLED technology at its Paju plant in Gyeonggi Province. Of this amount, half (1.5 trillion won) will be financed by loans from the National Growth Fund’s Advanced Strategic Industry Fund (1.3 trillion won) and private banks (200 billion won).

The Financial Services Commission explained that this decision goes beyond simply expanding production capacity and constitutes a strategic investment to secure future leadership in the display market.

A representative from the Financial Services Commission stated, “By mass-producing products equipped with next-generation technologies such as low-power and high-brightness panels, we can secure an early lead in the premium market and achieve both cost competitiveness and supply stability. Through this, Korea’s global competitive advantage in OLEDs is expected to become even more solidified.”

The National Growth Fund will also provide a 50 billion won low-interest loan to Techwing, a manufacturer of HBM-dedicated testing equipment located in Chungnam Province, to strengthen the competitiveness of the memory semiconductor supply chain. This initiative is expected to expand domestic production capacity for HBM testing equipment and contribute to enhancing the stability of the memory semiconductor supply chain and the development of the advanced industries ecosystem in local regions.

With this investment approval, the cumulative financial support provided by the National Growth Fund has increased to a total of 24 cases, amounting to 16.3 trillion won. Among these, the proportion of investments made in regional areas reached 42.4%.

This content was produced with the assistance of AI translation services.