Samsung Display denies rumors about the construction of a new plant for the production of OLED costs more than $14 billion
Sources said that Samsung Display has recently started construction of a new plant for the production of OLED panels, which is located in the city of Asan in the province of chungcheongnam-do.
Supposedly the factory was called the A4, and the amount of funds invested in the project by 2018 will exceed $ 14.2 billion dollars. Building contractor called the company Samsung Engineering. According to rumors, the new plant should produce 135 thousand wafers monthly, providing you display 20 to 30 million smartphones.
However, Samsung representatives have already denied this information: «We flatten the land in this area, which is adjacent to our existing production, but we are not yet decided what to do with this land,» said an employee of the company who is responsible for media relations.
Recall that Samsung Display will be the sole supplier of displays for the iPhone 8.