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Monday, June 20, 2016

Samsung pumping $6.8bn into OLED display production to meet Apple's demand for the 2017 iPhone

Samsung pumping $6.8bn into OLED display production to meet Apple's demand for the 2017 iPhone:

According to a report from Nikkei, Samsung is planning to increase production of OLED display panels by more than 50% this year, in order to meet the growing industry demand. It has long been rumored that next year's iPhone would sport a Samsung-build OLED display, and that might just turn out to be true, with the Korean tech giant pumping some $6.82bn to ramp up the production of OLED panels.



The investment is expected to increase capacity by the “equivalent of well over 200 million for smartphone panels” per year, adding to Samsung's current yearly production capacity of 300 million panels. ...


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