ETNews reports that Samsung Display's OLED production investment in 2017 is expected to reach $8.94 billion, slightly higher than last year's $8.76. 2017 will be the second year in which SDC invests large amounts (investment in previous years were about $3.5-$4.5 billion) as demand for OLED panels is increasing.

Samsung Galaxy C7 Pro photo

According to the report SDC recently started to convert it's LT-1 line (6-Gen) from LCD production to flexible OLED production (the new line will be called the A4 line). This conversion was decided upon in 2016. SDC's L7 fab will have a capacity of 30,000 substrate per month and the convesrion will cost about $2.7 billion. OLED production will commence by the end of 2017.

The rest of the $8.94 billion investment will go into A3 (flexible 6-Gen OLED fab) expansion and other LCD lines conversion to OLED. SDC also aims to establish an OLED module plant in Vietnam.