Samsung SDI plans increase in OLED production

Samsung SDI plans to expand production of OLED (organic light emitting diode) display panels this year, it said Monday. The company, in which Samsung Electronics holds a 20 percent stake, will invest 551.8 billion won (US$528 million) to increase production between now and June next year, it said in a regulatory filing with the Korea Stock Exchange. OLED is an emerging flat-panel display technology that uses an organic material in the pixels that emits its own light, so a backlight isn't needed. That helps make the displays thinner and much less power-hungry. OLED screens also handle fast-moving images better and offer richer color reproduction than current LCDs (liquid crystal displays) and PDPs (plasma display panels).Full article here: ARN