Samsung
Samsung plans to invest $3.6 billion in OLED plant

11 Feb 2015 | Rasmus Larsen |

The new production plant will mainly produce small and medium-sized OLED panels for handheld devices. It will be built from 2015 to 2017 and Samsung will invest 4 trillion Won, according to Reuters.

For small and medium-size displays

LCD technology is still used in most screens today, but OLED is considered the future of display technology by many observers. Samsung is currently the largest manufacturer of OLED panels that are used in the company’s own phones.

Samsung OLED


The new factory will be built by Samsung Display, which is Samsung’s display division. It will cost approximately 3.6 billion dollars and construction will take place from 2015 to 2017. These factories are often built in phases, meaning that it could start mass production before the completion date.

The factory will mainly produce small to medium-sized OLED panels for phones and tablet, according to a Samsung spokesman. It will also be capable of producing “curved” display, which suggests that it can produce flexible displays, too. The plan is to start selling OLED panels to other mobile phone manufacturers.

In 2014, Korean Yonhap News reported that Samsung was planning to set up a new OLED factory with mass production slated for the first half of 2015. It seems to be the same factory that Samsung has now confirmed to Reuters.

It is possible that the plant will be capable of producing TV panels later, but this was not confirmed by Samsung’s spokesman.

Reuters is also reporting that LG.Display is expected to invest 1-1.2 trillion Won in its OLED plant in 2015.

- Source: Reuters



Share on:


Latest news

Hisense OLED

Hisense is bringing its OLED TV to the UK & parts of Europe

18 Jun 2019 | Rasmus Larsen |
tvOS 13

Apple TV is getting a picture-in-picture mode with tvOS 13

18 Jun 2019 | Rasmus Larsen |
Samsung TV

Samsung: Important to scan your Samsung TV for malware & viruses

17 Jun 2019 | Rasmus Larsen |
UEFA.tv

UEFA debuts free streaming service UEFA.tv

14 Jun 2019 | Rasmus Larsen |
Sony A9G OLED

Sony A9G OLED wins 'King of TV' at 2019 TV Shootout

13 Jun 2019 | Rasmus Larsen |
The Wall Luxury

Samsung will launch 'The Wall Luxury' microLED displays in July

13 Jun 2019 | Rasmus Larsen |
Xbox

Next-gen Xbox console will have a disc drive

12 Jun 2019 | Rasmus Larsen |
Sony A8G

Sony 2019 A9G and A8G OLED TVs now available

11 Jun 2019 | Rasmus Larsen |