Reports indicate that Samsung has decided to sell at least part of its L7 LCD production line in Chungcheong Province, Asan, and convert some of it into flexible OLED production lines. Samsung plans to invest US$2.56 billion in new flexible OLED production lines by the end of 2017.
Samsung recently decided to double the production capacity of its A3 flexible OLED production line - the company invested approximately US$325 million to increase its production capacity from 15,000 substrates to 30,000 substrates per month. Samsung hopes the new production capacity will take shape in early 2017. The report also said that Samsung was selected by Apple and will launch it in 20 In order to provide OLED panels for Apple's next-generation iPhone in 2017 or 2018, it needs to significantly expand OLED production capacity.
In addition to Apple, Samsung is also stepping up its efforts to manufacture foldable OLED screens. The company hopes that the new foldable mobile device will be popular and open up a new market segment for SDC.
ANNA