Samsung Display Orders Frame Work for A7 Plant at Asan
The new factory's construction is set to begin early next year with completion targeted for 2028, the company said.
Samsung Display has placed the structural frame construction order for A7, its new factory at Asan Plant 2, according to digitaltoday.co.kr. The order marks a resumption of investment at the site after five years.
Construction of A7 is scheduled to begin early next year, with completion targeted for 2028.
CEO and president Lee Cheong framed the Asan Plant 2 investment as a bold challenge for growth rather than a simple capacity expansion, speaking at the company's 14th anniversary ceremony held at Samsung Display Research in Giheung on October 30.
The company is resuming investment at Asan Plant 2 to meet rapidly growing demand for foldable and IT OLED panels used in notebooks and tablets.
Five-year pause at Asan
Construction at Asan Plant 2 was halted in 2021 and is being restarted five years later.
Quick answers
When will construction of Samsung Display's A7 factory begin?
Construction is scheduled to begin early next year, with completion targeted for 2028.
Why is Samsung Display resuming investment at Asan Plant 2?
The company says it is responding to rapidly growing demand for foldable and IT OLED panels for notebooks and tablets.