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. The company has invested about $13.5 billion in the plant and said it will pump another $18 billion into Pyeongtaek to ensure the facility can meet future demand for memory products. Samsung's memory chips are used by other manufacturers in devices such as smartphones and tablets. Samsung also plans to improve its manufacturing capabilities across a number of other business lines, including semiconductors, extreme ultra violet equipment, and OLED displays.
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.
Samsung to Invest $1B In Austin SoC Plant
Samsung today announced plans to invest more than $1 billion in its Austin chip facility during the first half of 2017. The company said the investment will improve its ability to manufacture system-on-a-chip products for mobile and electronic devices.
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.
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.