Samsung to increase display production ten fold in 2011

The Wall Street Journal is reporting that Samsung Mobile Display will use Samsung’s new, $2.1 billion factory being constructed in Korea to increase display production. The new factory, located in the southern section of Seoul, will up Samsung’s display making capacity from 3 million units to 30 million units per month. Martin Fichter, HTC’s vice president of product management and planning, said “the display was definitely one of the bigger issues that we needed to solve.” Samsung expects demand for its AMOLED displays to drastically increase in the coming years, estimating that 700 million AMOLED devices will be in the market by 2015. The report cited HTC — specifically the DROID Incredible and EVO 4G models — as being the company most affected by the current AMOLED shortage.

[Via PhoneScoop]

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