Samsung to Use $3 Billion to Boost Display Production
Samsung Display, a subsidiary of Samsung electronics, plans to invest heavily in its Vietnam manufacturing facility in order to increase production. The company already spent $1 billion on its OLED plant in Vietnam earlier this year, which is less expensive to operate than some of its other plants. The additional investment comes as demand for display modules continues to rise.
Samsung Commits Another $18 Billion to Chip Production
Samsung's new semiconductor fabrication line in Pyeongtaek, Korea has kicked off production of memory products and is shipping its first batch of modules to customers. Samsung broke ground on the plant two years ago to help expand its production capabilities of V-NAND chips.
LG Display to Step Up OLED Production
LG Display plans to invest $396 million to improve its ability to manufacture flexible OLED displays and OLED lighting panels. The company will sink about $272 million into an existing facility in order to boost production capacity, and about $123 million to build a new production line dedicated to OLED lighting.
Apple Awards Face ID Laser Company Finisar with $390 Million
Apple today said it plans to invest $390 million in Finisar, the Texas-based supplier of its VCSEL (vertical-cavity surface-emitting lasers) wafers. Apple uses the VCSEL technology in the iPhone X to power Face ID, Animoji, and portrait photography in the TrueDepth camera.
LG Display to Amp Up Flexible Display Production
LG Display said it intends to invest about $907 million in a new plant that will focus on making flexible displays. The company said it believes smartphone makers will begin to increase demand for such screens in the years ahead.