Samsung Display to invest US$3.6bil in new OLED production line


  • TECH
  • Wednesday, 11 Feb 2015

BANKING ON DISPLAYS: Analysts said the new line will initially produce curved panels like those on the Galaxy Note Edge.

SEOUL: South Korea's Samsung Display plans to invest 4tril won (RM13.09bil) into making organic light-emitting diode (OLED) panels as parent Samsung Electronics Co Ltd looks to boost components sales to offset weaker smartphone earnings. 

A Samsung Display spokesman told Reuters the new production line would mainly make medium and small-sized OLED displays for consumer electronics devices like smartphones and tablets. The investment would be made from 2015 to 2017, he added, without giving further details. 

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