Samsung Display boosts investment in OLED business

South Korea’s Samsung Display is on track to make additional investments in the organic light-emitting display (OLED) panels. Such decision comes after its tech affiliate Samsung Electronics achieved strong sales in the Galaxy smartphone series. Samsung Display decided to fuel investments in OLED production and expand new manufacturing lines in an effort to meet the rising demand for OLED panels upon growing popularity of Samsung Electronics’ Galaxy smartphones.

Samsung Display will place an order for equipments that are needed to expand 5.5th-generation (1300 X1500 mm) OLED panel manufacturing lines (A2) at its plant located in Asan, South Chungcheong Province, during the third quarter (Q3) this year, according to sources in the electronics industry Thursday.

Samsung Display already installed OLED panel manufacturing equipment, which was commissioned last year, at the P3 manufacturing line in its Asan plant and completed expansion of the P3 production line in the first half (H1) of this year. By expanding the P3 line, Samsung’s Asan plant secured monthly output of 70,000 units of OLED display panels. Samsung also has a 4.5th-generation OLED panel manufacturing line (A1) in Cheonan, South Chungcheong Province.

For full article see Maeil Business.

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