On the finish of August, Samsung bought its LCD manufacturing unit in China to TCL for $ 1.eight billion. This appears to be only the start for the South Korean tech large. Samsung Corning Glass has as soon as once more bought its plant to a Chinese language firm.
Samsung Corning Glass is a subsidiary of Samsung Show. The sale was to a manufacturing unit in Gumi, South Korea, and the acquisition was made by a Chinese language firm, in accordance with TheElec.
Samsung Corning Glass has two factories in South Korea, one in Gumi; The opposite is in Asan. The Gumi plant prefers skinny movie and photo voltaic panels to cowl the floor. The plant can also be concerned within the manufacturing of coating liquid crystal shows and OLEDs. It additionally produces contact display panels.
Samsung Corning Advance Glass acquired the enterprise in 2014 from Samsung Corning Precision Supplies. A supply near the matter has confirmed that Samsung is specializing in OLED shows as a part of its resale.
The Asan plant is already producing glass for OLEDs, so Gumi has determined to promote it to the plant. The South Korean tech large is presently specializing in LCD panel producers and specializing in the OLED panel enterprise.