Samsung Display announced plans on Thursday to spend almost 11 billion U.S. dollars on new manufacturing lines for Quantum Dot OLED displays through 2025.<br />Quantum dots are tiny semiconductor crystals that enable the conversion of blue LED light to red and green to create displays with a higher energy efficiency and wider color range than LCD-based products.<br />This huge investment in the display industry is seen as a move to accelerate the shift to the next generation of high-end display screens and gain a competitive edge against LG Display and rivals from China.<br />Samsung Display says the investment is expected to create over 80-thousand new jobs over the next five years.<br />
