Samsung bets on OLED as smartphone gross sales decline
It is easy to overlook that Samsung is a multi-tentacled firm that builds rather more than TVs and telephones. For example, it manufactures CPUs for arch-foe Apple and makes small-to-medium OLED panels for numerous corporations, not simply its personal cellular division. Based on Reuters, Samsung will make investments one other $three.6 billion into its OLED enterprise to offset flagging smartphone gross sales. Most of that money will go into a brand new manufacturing line producing curved panels for the Galaxy Word edge and third-celebration units. And Samsung’s not the one South Korean producer dumping extra money into OLEDs. LG may also stake almost $1 billion on new OLED capability for giant-panel gadgets like TVs, as properly. The takeaway? Given the show dominance of the 2 corporations, many extra OLED units — each huge and small — ought to be hitting the market quickly.