Samsung subsidiary Samsung Display has its sights set on the growing organic light-emitting diode (OLED) display market. Still, building the world's largest plant won't be quick and it will be costly. The Korean conglomerate will build the world's largest OLED manufacturing plant and boost the capacity to manufacture the screen panels by 30%, Korean outlet ETNews is reporting . Such demand from one of the world's largest smartphone makers will put additional pressure on the OLED manufacturing market. Samsung Display is among a few manufacturers producing OLED panels around the world.
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Samsung reportedly building the world's largest OLED production plant as it chases more Apple orders
Samsung is said to be building the world's largest OLED production plant as it seeks to meet future demand for displays for the iphone 8 and beyond. Sharp and Japan Display are also hoping to pick up future OLED orders from Apple. The report comes after the company reportedly shared its plans with manufacturers of production equipment needed for the plant. LGwas last month reported to be making a $3.5B investment in OLED production capacity, switching its focus from TV displays to smartphone ones. Apple is said to set for a trial production run this year.
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