South Korea's Samsung Display Co plans to invest $1.8 billion for a factory in northern Vietnam to produce OLED displays for automobiles and technology equipment, the Southeast Asian country said on Sunday.

Samsung Display Co, a unit of Samsung Electronics, plans to invest an additional $1.8 billion in Vietnam to expand its OLED display manufacturing operations. The new facility, dedicated to producing organic light-emitting diode (OLED) displays for automobiles and technological equipment,

Vietnam said that Samsung Display intends to invest $1.8B in a facility to make OLED displays for automobiles and technology equipment in the country this year, Reuters reported. The new OLED display manufacturing plant by Samsung Display,

Samsung Electronics workers at a factory in India's Tamil Nadu state are paid almost twice as much as employees in nearby companies, the South Korean group said on Tuesday, as a strike at

The ongoing strike at Samsung Electronics' plant near the Indian city of Chennai may seriously threaten the country's prowess as a major global manufacturing hub, according to a recent report from an Indian think tank.

Samsung Electronics workers in Tamil Nadu are on strike demanding higher wages and union recognition. The company states its workers earn nearly twice as much as those in nearby firms. The strike, involving over 1,