Wednesday, October 30, 2024

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Samsung’s $1.8 Billion Investment in Vietnam’s OLED Manufacturing Facility

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Samsung Display is set to invest $1.8 billion in a new OLED manufacturing facility in Vietnam, significantly boosting its presence in the region. This investment increases the company’s total commitment in Vietnam to $22.4 billion.

The new plant will strengthen Vietnam’s position in the global electronics market, as Samsung continues to expand its operations in the country. The investment underscores the importance of OLED technology in Samsung’s product lineup.

This strategic move is part of Samsung’s broader plan to enhance its production capabilities while capitalizing on Vietnam’s growing role in the global supply chain.

Source link : Samsung’s $1.8 Billion Investment in Vietnam’s OLED Manufacturing Facility

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