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Samsung Invests $1.8 Billion More in Vietnam for OLED Manufacturing Plant 

Security guards stand outside a Samsung facility during a strike by the factory workers demanding higher wages in Sriperumbudur, near the city of Chennai, India, September 16, 2024. (Reuters)
Security guards stand outside a Samsung facility during a strike by the factory workers demanding higher wages in Sriperumbudur, near the city of Chennai, India, September 16, 2024. (Reuters)
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Samsung Invests $1.8 Billion More in Vietnam for OLED Manufacturing Plant 

Security guards stand outside a Samsung facility during a strike by the factory workers demanding higher wages in Sriperumbudur, near the city of Chennai, India, September 16, 2024. (Reuters)
Security guards stand outside a Samsung facility during a strike by the factory workers demanding higher wages in Sriperumbudur, near the city of Chennai, India, September 16, 2024. (Reuters)

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

The new facility for the manufacture of organic light-emitting diode (OLED) displays will be located in Yen Phong industrial park in Bac Ninh province east of Hanoi and close to an existing Samsung electronics plant, the government said in a statement released after the meeting between Prime Minister Pham Minh Chinh and the General Director of Samsung Vietnam Choi Joo Ho.

Bac Ninh authorities and Samsung Display on Sunday also signed a memorandum of understanding of the project, local media reported, adding the investment would raise Samsung's total investment in Bac Ninh to $8.3 billion from the current $6.5 billion.

Vietnam has over the last decade emerged as one of the most attractive production hubs for electronics companies.

According to Choi, Samsung has established six manufacturing plants, one research and development center, and one sales entity in Vietnam, with a cumulative investment of $22.4 billion.

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Google Wins Delay in Opening Android App Store to Rivals

Google app is seen on a smartphone in this illustration taken, July 13, 2021. (Reuters)
Google app is seen on a smartphone in this illustration taken, July 13, 2021. (Reuters)
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Google Wins Delay in Opening Android App Store to Rivals

Google app is seen on a smartphone in this illustration taken, July 13, 2021. (Reuters)
Google app is seen on a smartphone in this illustration taken, July 13, 2021. (Reuters)

A US judge on Friday let Google delay opening Android-powered smartphones to rival app shops, suspending a November 1 deadline ordered in an antitrust case brought by Fortnite-maker Epic Games.

Google was pleased by federal judge James Donato's decision to "temporarily pause the implementation of dangerous remedies demanded by Epic," a company spokesperson said, as an appeals court considers permanently blocking the order stemming from Epic's argument that the tech titan's Android Play store is an illegal monopoly.

"These remedies threaten Google Play's ability to provide a safe and secure experience and we look forward to continuing to make our case," the spokesperson added.

In response to the ruling, a spokesperson for Epic Games said in an email to AFP that Google's appeal was "meritless," citing the judge's deference to the Ninth Circuit Court of Appeals instead of striking down the order outright.

"The pause... is merely a procedural step," the spokesperson said.

Phones running on the Android operating system have about a 70 percent share of the world's smartphone market.

Google has been hit with a series of recent legal challenges to its dominance.

In August, a different judge found that Google's world-leading search engine was an illegal monopoly.

Google is also facing an antitrust lawsuit in a third federal case in Virginia over its dominance of online advertising.

Under the Epic Games order, for the next three years Google will be prohibited from engaging in several practices that were deemed anticompetitive by the jury in the landmark case.

For instance, the trial found that Google made its Play app store the only method to make payments to third party apps, like Fortnite.

A sizable chunk of app store revenue comes from video games, and Epic Games has long sought to have payments for its mobile games take place outside the Google or Apple app stores that take commissions as high as 30 percent.

Epic mostly lost a similar case against Apple, where a US judge largely ruled in favor of the iPhone-maker.

Apple and Google regularly argue that their app shop commissions are industry standard, and that they pay for benefits such as reach, transaction security and ferreting out malware.