According to the South Korea-based Chosun Ilbo (Chosun Daily Newspaper), Samsung Display is in talks with the government of Bac Ninh Province of North Vietnam with the intention of reaching an agreement to provide additional investment of $2.5 billion to expand a factory making AMOLED modules in the province.
The talks are focusing on administrative support and tax incentives to be offered by the provincial government. It is believed that the plan for additional investment will be finalised in the first quarter of 2017.
In 2014, Samsung Display set up a factory to assemble AMOLED panels into modules for use by Samsung Electronics’ smartphone factories in the North Vietnam province of Thai Nguyen with AMOLED panels transported from its factories in South Korea.
Samsung Display has dominated global supply of smartphone AMOLED panels. It is believed that Apple is likely to adopt AMOLED panels for its new iPhone to be launched in 2017. Samsung Display plans to expand the factory of AMOLED modules in Vietnam to meet expected future demand.
