Author: Song Xing
TechWeb September 24, according to foreign media reports, Samsung Display plans to invest 13 trillion won ($11 billion) to upgrade its liquid crystal display (LCD) factory in Korea to produce more advanced screens.
Foreign media quoted people familiar with the matter as saying that Samsung Display will officially announce the investment decision next month. However, foreign media reports did not mention the time frame of this investment.
Samsung Display said last month that it was considering suspending one of its LCD production lines in South Korea because of oversupply. Samsung displays currently have two LCD production lines in Korea and one in China.
Samsung Displays is struggling to cope with slowing demand for LCD TVs and smartphones, competition from Chinese rivals and the shift of major customers to organic light emitting diode (OLED) panels.
TFT-LCD, AMOLED and other new display technologies, including flexible display, are all based on semiconductor technology, which can be collectively referred to as semiconductor display. Semiconductor display can be defined as the display technology that controls each minimal display unit independently through semiconductor devices.