Samsung to Inject US $15B in 3-D NAND Flash Memory Chips and OLED Panels

Samsung will be investing KRW 17 trillion (US $15 billion) in 3-D NAND flash memory chips and OLED panels, that are both key smartphone components to stay ahead of competition, reported The Korean Herald.

The Korean company suggested it would invest KRW 26 trillion in 2016, an incremental increase from last year’s KRW 25.52 trillion. In the first half of this year, the company spent KRW 8.8 trillion.

“We will focus on 3-D NAND and OLED this year considering their soaring demand,” said Lee Myung-jin, the company’s investor relations executive director. 

With key rivals such as SK Hynix and Micron Technology struggling to profit in the second quarter, due to slowing smartphone and PC sales, Samsung, the world’s biggest memory chipmaker reported KRW 2.54 trillion in memory chip sales alone, a modest growth compared to last year.

Samsung Display, the conglomerate’s display unit injected more than KRW 10 trillion into smaller OLED panels for smartphone manufacturing before planning to supply to Apple’s next generation iPhones.

The company aims to raise production capacity from 60,000 panels per month to 75,000 panels by 2016. Analyst estimates, the company will invest KRW 15 trillion by the end of next year.

Samsung’s rival LG Display announced it would spend another KRW 2 trillion to make smaller OLED panels, while Samsung takes a 97% stake of the mobile OLED market. LG aims to secure some of Apple orders when the production lines begin operations in 2018.



Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Specifiers can realize the best quality of light and the highest levels of light output and efficacy at 3000K and 95CRI San Jose, CA – Lumileds today announced substantial performance improvements for its 90 and 95 CRI LUXEON CoBs with C... READ MORE

For many years, XLamp® XP-E2 LEDs have been the preferred LED choice for lighting manufacturers looking to combine different colors of light together to service specialty lighting applications. The XP-E2 platform offers an unbeatable combi... READ MORE