A few weeks ago Japan's Nikkei Asian Review posted an article saying that Samsung decided to scrap their plans for an OLED TV fab. According to Nikkei's report, Samsung decided to setup a new facility to produce small and medium sized OLED panels.

Today Korea's Yonhap news posted an article saying that Samsung indeed decided to setup a new AMOLED fab. Samsung may increase its CapEX spending by 8.6% in 2014 (to $24.4 billion). The investment in the new OLED fab in Asan will be between $3 billion to $5 billion.

The first phase (estimated at around $2 billion) will begin in the second half of 2014, and the fab is expected to start producing panels in the first half of 2015. This fab will produce panels for tablets and also for wearable devices - which probably means it will have flexible OLED lines.

We hope that Samsung will finally unveil new OLED tablets next month in its Unpacked NY event on June 12.