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Samsung Display investing in OLED
Samsung Display is planning to invest some USD 3.6 billion in the manufacturing Organic Light-Emitting Diode (OLED) panels as the mothership (I mean parent company of course) Samsung Electronics is looking to boost sales.
The investment would include a new production line, which would mainly focus on medium and small-sized OLED displays for products like tablets and smartphones, a Samsung Display spokesman told Reuters. The investment would be made from 2015 to 2017.
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