Samsung's AMOLED division is now profitable, expects major smartphone growth in 2010

Source: http://www.engadget.com/2010/05/20/samsungs-amoled-division-is-now-profitable-expects-major-smart/

If you want the dish on what's happening with mobile displays, Lee Woo-jong, VP for marketing at Samsung Mobile Display, is as good a person to ask as any. The chap has been telling the Reuters Global Technology Summit that his company has finally gone into the black with its AMOLED production line, and that its research projects a 50 percent jump in smartphone shipments in 2010 relative to 2009. This is expected to boost demand, which is already exceeding supply, for high-quality displays. Samsung says shortages might be experienced all the way until next year, but has reiterated its belief that AMOLED is the future with a $2.15 billion investment into expanding its production lines, while also predicting a 30-fold growth in shipments of such displays by 2015. Every handset out there looking like the Wave? We could learn to live with that.

Samsung's AMOLED division is now profitable, expects major smartphone growth in 2010 originally appeared on Engadget on Thu, 20 May 2010 20:03:00 EDT. Please see our terms for use of feeds.

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