Apple supplier Samsung Display said on Thursday it will invest 13.1 trillion won ($11bn) on facilities and research to upgrade a production line, as it battles severe oversupply due to weak global demand for smartphones and TVs. The unit of Samsung Electronics said that by 2025 it will spend 10 trillion won on facilities and the rest on research and development to produce more advanced display screens.
10 Oct 2019
Samsung Display to invest $11bn, ‘CoD: Mobile’ hits 100m downloads, TV companies unite for advertising
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Samsung Display to invest $11bn, ‘CoD: Mobile’ hits 100m downloads, TV companies unite for advertising
Bidstack Group Plc (BIDS:LON), 0 | Frontier Developments Plc (FDEV:LON), 203 | Gfinity PLC (GFIN:LON), 0.0 | Keywords Studios plc (KWS:LON), 1,172 | Mirriad Advertising plc (MIRI:LON), 1.8 | Mporium Group (MPM:LON), 0 | Team17 Group PLC (TM17:LON), 258 | Nexxen International Ltd. (NEXN:LON), 231
- Published:
10 Oct 2019 -
Author:
Kartik Swaminathan -
Pages:
4
Apple supplier Samsung Display said on Thursday it will invest 13.1 trillion won ($11bn) on facilities and research to upgrade a production line, as it battles severe oversupply due to weak global demand for smartphones and TVs. The unit of Samsung Electronics said that by 2025 it will spend 10 trillion won on facilities and the rest on research and development to produce more advanced display screens.