The office of South Korean President Yoon Seok-yue said that he visited Samsung Display’s factory in Asan Park on Tuesday and witnessed new large-scale investments between the company and manufacturers of materials, components and equipment. protocol.
According to Yonhap News Agency, Samsung Display held a ceremony yesterday at the Asan Park, 87 kilometers south of Seoul, announcing that it will invest 4.1 trillion won by 2026 (currently about 21.443 billion CNY) to upgrade the production line. The products are used in OLED panels for tablets, laptops and other IT equipment, as part of Samsung’s investment plan for five semiconductor manufacturing bases.
According to the news, the production line is planned to be mass-produced in 2026, and will become the world’s first 8.6-generation OLED production line for IT equipment.
The company also announced plans to improve the competitiveness of domestic display material, component and equipment makers in Korea through plans to carry out joint technology development, production innovation, and advance payment orders.
Yin Xiyue said the investment plan paved the way for a “new leap” in the display industry, and pledged to help the OLED industry maintain its No. 1 position in the global market by expanding investment incentives and supporting research and development for OLED technology upgrades.
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Tuesday’s ceremony marked the first realization of the government’s plan to attract more than 550 trillion won in private investment in six core cutting-edge industries by 2026, the presidential office said.
It is reported that Samsung will invest about 300 trillion won (currently about 1.57 trillion CNY) to build five semiconductor manufacturing bases in South Korea to build the world’s largest semiconductor manufacturing base and attract as many as 150 materials, parts and equipment manufacturers Manufacturers, IC design factories and semiconductor research and development institutions are stationed here.
