Home United States USA — IT Samsung takes $3.1B gamble on OLED displays for tablets and notebooks

Samsung takes $3.1B gamble on OLED displays for tablets and notebooks

122
0
SHARE

That must be why PC sales are down – the blacks just aren’t inky enough
Samsung Electronics will pour $3.14 billion into production of advanced organic light-emitting-diode displays (OLED) for use in tablets and notebooks by 2026, betting it’s the future for fondleslabs and laptops.
While OLED displays have been a popular option for high-end televisions and smartphones, where the technology’s per-pixel lighting allows for inkier blacks and thinner panels than traditional LCDs, it’s seen slower adoption in the notebook and tablet space.
The investment will see Samsung’s Display division adapt its production lines in Asan – located just south of Seoul – to produce displays suitable for these devices and boost production from roughly 4.5 million panels a year to more than 10 million, according to Korean newswire Yonhap. To support this expansion, Samsung will reportedly recruit 26,000 workers for the site.
South Korea’s president Yoon Seok-yeol deemed Samsung’s investment of sufficient import to attend the announcement of the plan and endorse it heartily.

Continue reading...