Samsung Display to invest $3bn in OLED panels for tablets, laptops

Unit of global tech group aims to gain an early lead in premium market

20230404 Samsung Display to Introduce First 90Hz OLED Laptop Display

A Samsung Display production technician working on advanced OLED display equipment, used in tablets and laptops. The South Korean company is pivoting toward these panels and away from LCDs. © AP

KIM JAEWON, Nikkei staff writer

April 4, 2023 19:39 JST

SEOUL -- Samsung Display will invest 4.1 trillion won ($3.1 billion) by 2026 to increase production of organic light-emitting diode panels for tablets and laptops, as the company takes an aggressive step to gain a dominant share of this premium market.

The South Korean government announced the investment on Tuesday. Samsung Display confirmed the details.