Samsung has announced it is to invest $2.13 billion (£1.42 billion) into building a new production line for active-matrix organic light-emitting diode (AM-OLED) screens.
According to Reuters, the production line will be the largest of its kind in the world and will have a monthly capacity of 30 million three-inch mobile screens.
Indeed, applications for the products include smartphone and portable media players.
The company claims these new AM-OLED screens will provide greater energy efficiency than present LCD designs and crisper picture quality than their current product offerings.
Elsewhere, Osram has unveiled its new start pack for home LED use.
The firm's LEDsDECO FLEX product contains three flexible lighting strips, a remote control, four connecting elements and a mains plug, to enable homeowners to deck out their rooms with fashionable and energy-efficient LED lighting.