SEOUL: Samsung Display will invest a whopping 13.1 trillion won ($11 billion) over the next five years to produce Quantum Dot (QD) displays, the company announced.
The South Korean tech giant will create a new line, dubbed Q1, that will be built at its existing display factory in Asan, located in South Korea’s South Chungcheong Province.
Production for the Q1 line will begin in 2021, which will consist of producing 65-inch QD displays with a monthly capacity of 30,000 8.5th generation substrates.
Concurrently, existing Liquid Crystal Display (LCD) production lines will also be sequentially turned into QD display lines with the goal of expanding production output further for QD displays by 2025.
Samsung will spend 10 trillion won in building the factories and 3.1 trillion won for research and development. Researchers and staff currently working on LCD will now put their focus on QD displays as well, the South Korean tech giant said.
The company did not mention the specific technology for these QD displays, but it is very likely a combination of quantum dot and organic light-emitting diode (OLED) technology or QD-OLED. It is unclear what commercial name Samsung will designate for the displays when they hit the market.
According to company insiders, the development of QD-OLED technology is still in progress. Development for QD-OLED technology will proceed concurrently with the construction of the facilities and production equipment that will be used for its eventual commercialization. Production for the technology is expected to begin in 2021, and commercial products using the display will likely enter the market in 2022.
(Agencies)
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