SEOUL (Reuters) – Samsung Display plans to spend 13 trillion won ($11 billion) to upgrade a South Korean liquid crystal display (LCD) plant so it can manufacture more advanced screens, Yonhap news agency reported on Tuesday.
Samsung Display, a unit of Samsung Electronics Co Ltd and an Apple Inc supplier, will announce the investment next month, Yonhap said, citing unidentified industry sources. It did not mention a timeframe for the investment.
Spokeswoman - Samsung - Display - LCD - Production
A spokeswoman for Samsung Display, which operates two LCD production sites in South Korea and one in China, said nothing had been decided on its...
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