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Technology

Samsung to invest $11bn in cutting-edge quantum dot displays

Panel maker shifting away from LCD production to fend off Chinese rivals

The Samsung Galaxy Fold 5G features an OLED screen. The company is ramping up its investment in next-generation display technologies.   © Reuters

SEOUL -- Samsung Display will invest 13.1 trillion won ($11 billion) by 2025 to produce and further develop quantum dot display panels as the South Korean company races to stay ahead of Chinese rivals who have already caught up in earlier display technologies.

Samsung said on Thursday that it will use the investment to shift its production of large format panels away from cheaper liquid crystal displays to the more advanced QD, which is based on organic light-emitting diode, or OLED, technology. 

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