Samsung Gamble On OLED As Smartphone Sales Slides


It is easy to forget that the brand Samsung is a multi tasking company that builds much more than just TVs and smartphones. It is true that it holds a great possession in android market for its new and innovative smartphones however it is much more than a smartphone company. For case, it construct CPU’s for “arch foe Apple” and makes little to standard OLED panels for various companies who need that desperately, not just its own mobile division.

Samsung

According to ReutersSamsung is going invest another $3.6 billion into its OLED panel business to off-set deteriorating smartphone sales. Most of that hard cash will go into an absolutely new production line producing curved OLED panels for the Samsung Galaxy Note edge and other company devices.

Samsung is not the only one South Korean manufacturer investing more money into OLEDs but LG will also invest nearly $1 billion on fresh OLED capacity for big panel items like TV’s as well. Many more OLED devices (both big and small) will be hitting the market soon.


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