Samsung will reportedly invest $9 billion in expanding OLED production

Samsung Display, the screen-making Samsung company, has reportedly started a massive expansion of its OLED-manufacturing facilities. According to the Korean media The Investor, Samsung will spend nearly $9 billion by the end of the year to scale up its supply of OLED displays.

If The Investor's sources are to be believed, Samsung Display has signed deals with several equipment manufacturers, which allow the South Korean giant to replace some of its current LCD-manufacturing lines with OLED ones.

About $2.7 billion will be spent in order for Samsung to produce ...