Business Korea - Samsung to invest $10.85 billion in QD-OLED TV production

Business Korea says that Samsung Display has finalized its QD-OLED TV production plans. The company will invest 13 trillion Won (around $10.85 billion) to convert its L8 LCD production line in Tangjeong to QD-OLED production.

Samsung Display production hub, Tangjeong, South Chungcheong Province

According to the report, SDC's investment will be the single largest investment in Korea's display industry ever. The L8-1-1 LCD line will be shut down immediately, and converted to QD-OLED production. SDC will also shut down its second line (L8-2-1) and in total the two fabs will be able to produce 200,000 8-Gen glass substrates each month (down from the current 360,000 substrates in LCD production today). Mass production of QD-OLED panels will begin in 2022.

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Posted: Sep 25,2019 by Ron Mertens