The South Korean display manufacturer Samsung Display is set to establish a USD 1.8 billion organic light-emitting diode (OLED) production line in Vietnam, focusing on small- to medium-sized panels for laptops and tablets. This announcement follows a memorandum of understanding signed with authorities in Bac Ninh Province to construct the facility in Yen Phong Industrial Park, located east of Hanoi.
This initiative comes 18 months after Samsung’s display division announced a USD 3.1 billion investment in an 8.6th-generation OLED plant in Asan, Korea. Currently, Samsung Display operates a small- to medium-sized OLED module plant and a foldable display production line in Bac Ninh province.
The new factory is expected to begin back-end assembly operations in 2026, processing approximately 10 million 8.6th-generation OLED panels each year, which will be manufactured at the Asan plant. While OLED components are produced in Korea, the module attachment and final assembly are carried out in Vietnam and China. The new Vietnamese facility will focus on panels designed for smaller electronic devices like laptops and tablets, where OLED adoption is still growing.
Over the last decade, Vietnam has become a key hub for electronics manufacturing, with Samsung playing a significant role in this growth. The company has already established six manufacturing plants, a research and development center, and a sales office in Vietnam. This latest investment will increase Samsung Group’s total investment in Bac Ninh from USD 6.5 billion to USD 8.3 billion.
Samsung Display’s decision to expand in Vietnam is viewed as a strategic choice to mitigate risks associated with the US-China trade conflict, positioning Vietnam as a central hub for its display production.
(Source: The Korea Economic Daily)