Samsung bets on OLED as smartphone sales decline

Sponsored Links

Samsung bets on OLED as smartphone sales decline

It's easy to forget that Samsung is a multi-tentacled company that builds much more than TVs and phones. For instance, it manufactures CPUs for arch-foe Apple and makes small-to-medium OLED panels for various companies, not just its own mobile division. According to Reuters, Samsung will invest another $3.6 billion into its OLED business to offset flagging smartphone sales. Most of that cash will go into a new production line producing curved panels for the Galaxy Note edge and third-party devices. And Samsung's not the only South Korean manufacturer dumping more money into OLEDs. LG will also stake nearly $1 billion on new OLED capacity for large-panel items like TVs, as well. The takeaway? Given the display dominance of the two companies, many more OLED devices -- both big and small -- should be hitting the market soon.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Popular on Engadget