Factory Samsung Display, previously produced LCD panels for TVs, will produce 20 million OLED panels for smartphones in a month

The source confirmed and supplemented information about the Samsung Display plans to refocus the company produces LCD panels for the production of OLED panels.

The conversion has already invested almost $ 5 billion. Have to invest nearly as much. After the refit, the factory L7-1, previously produced a 40-inch panels for TVs, will be able monthly to produce 20 million OLED panels for smartphones, including models with curved edges for devices high end. The production is now bringing much more profit compared to the production of LCD TV panels. The main clients of OLED panels produced by Samsung Display, are Samsung Electronics and Chinese manufacturers of smartphones. The share of Samsung Display on the market of OLED panels small and medium size of greater than 95%.

Source: CDR info



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