Nikkei: Samsung Will Raise OLED Production by 50%

The Nikkei newspaper claims that Samsung will invest about KRW8 trillion ($6.8 billion) to boost OLED panel production this year. The move will raise capacity by about 50%, or 200 million smartphone panels, at a subsidiary’s plant. Raising OLED production will account for about 80% of Samsung’s capital investment in its panel business this year, said the Nikkei.