Samsung Display has held off on funding a new “super factory” for its smartwatch and smartphone OLED panel output.

The Bell reports from industry sources that the company is reviewing its nearly-$1 billion build-out for the plant called A5 that would be more than double the size of the existing, smaller A2 and A3 operations combined. Sources say that

The company has had some internal worries about demand as global smartphone shipment figures have trended down. Demand from Chinese manufacturers has not been enough to make up slack from Samsung and Apple smartphone operations — note the speculation of the iPhone X’s dragging sales. Beyond that, growing competition in the sector from Chinese, Japanese and Korean display-makers may dent business further from this year forward.

For those looking to the foldable Galaxy X smartphones and other such innovations, Samsung Display is currently unable to nail down product delivery timeframes for its clients for its foldable OLED screens.

You May Also Like
Facebook’s new Collab app will let you watch and mutually create music videos
You can take videos shared on Collab and add one from your own side to create a collaborative music video that can be shared on other platforms too.
Nokia 8.3 5G
Nokia 8.3 5G official promo video released, launch imminent
Nokia Mobile’s Twitter handle has released a new teaser video that points to the imminent launch of Nokia 8.3 5G.
HONOR Play 4 and Play 4 Pro will go official on June 3
HONOR Play 4 and its Pro sibling will both offer 5G support on a budget.