Samsung OLED new plant will increase monthly capacity by 10 times in advance

[High-tech LED News] Samsung SMD recently announced that the new OLED factory will start production two months ahead of schedule, when OLED production will increase significantly. If all capacity is activated, it is estimated that the company's monthly OLED production will increase from the current 3 million to 30 million.

Samsung SMD specializes in active-drive OLED screens, also known as AMOLEDs. The company said it decided to start new production capacity two months ahead of schedule, mainly because SMD has been unable to meet the demand of OLED screen market. Due to the popularity of smart phones, the demand for extremely thin screens is large. In 2010, some mobile phone factories delayed their plans to produce mobile phones using OLED screens due to shortage of OLED screens.

Samsung SMD is a joint venture between Samsung Electronics and Samsung SDI. Samsung SMD Q1 has a profit of approximately 1,500 won to 1600 won ($138.9 million to $148.1 million) and revenue of 1.2 trillion won.

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