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Samsung to pour $3.6B into OLED display tech
The company is working to diversify its business as smartphone sales continue to slump.
Samsung is planning to invest $3.6 billion in the manufacturing of organic light-emitting diode (OLED) panels.
The South Korean electronics giant will make mainly medium and small OLED displays, a Samsung spokesman told Reuters on Tuesday.
The $3.6 billion investment in the new product line will be made this year through 2017.
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