Samsung spent $ 6 million to introduce OLED production line

Many of domestic smartphones applied the OLED screen already. As reported, Apple will also apply OLED screen for its smartphones in the future. The upstream suppliers will make transition as Apple does.

samsung

According to the confirmed source, Samsung started investing about $ 600 million to add OLED production line. The Samsung Engineering just signed a contract valued at $ 590 million recently to install producing equipments of OLED screen for Samsung Display. This contract also involves in Tangjeong plantation that products Samsung displayers.

Tangjeong plantation has basic facility. It will build another clear workshop and several equipments. This project will be completed by the end of 2016.

What’s more, Samsung Display purchased the equipments for producing OLED panel. The OLED production line will go into operation by the end of 2017.

OLED screen will have better scenes, thinner and enegery saving in comparison with LCD.OLED is considered as the substituendum of LCD for tv panel a few years ago. However, it costs dearer to have it produced.

According to the report, the global market of OLED screen is monopolied by Samsung Electronics and LG Electronics. Samsung Electronics has advantage in producing small and medium size OLED screen.

Some South Korean media reported Samsung Electronics and LG Electronics would sign contracts with Apple to supply OLED screen last year. Therefore, these two compaines would invest decades of billion to enlarge OLED productivity in a few years.

As customary, Apple will distribute the orders of components and parts to several suppliers. Samsung has chance to win bigger order.

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