The commerce ministry said on Tuesday that Samsung Electronics' affiliate Samsung Display planned to spend 4.1 trillion won ($3.14 billion) in Asan, South Korea, until 2026 to manufacture sophisticated organic light-emitting diode (OLED) display panels used in tablets and PCs. The investment is part of a previously stated strategy by Samsung Electronics and affiliates to invest 60.1 trillion won in regions outside of Seoul over the next ten years.

Samsung Group, or simply Samsung, is a global South Korean industrial group based in Samsung Town, Seoul, South Korea. It is the largest South Korean chaebol, consisting of multiple related enterprises, the majority of which are combined under the Samsung name (business conglomerate). Samsung has the ninth greatest worldwide brand value as of 2020.

Notable Samsung industrial affiliates include Samsung Electronics (the world's largest information technology company, consumer electronics manufacturer, and chipmaker by 2017 revenue), Samsung Heavy Industries (the world's second largest shipbuilder by 2010 revenue), and Samsung Engineering and Samsung C&T Corporation (the world's 13th and 36th largest construction companies, respectively). Some significant companies include Samsung Life Insurance (the 14th largest life insurance firm in the world), Samsung Everland (the operator of Everland Resort, South Korea's oldest theme park), and Cheil Worldwide.