On Tuesday, Ferrari announced a partnership with Samsung Display to employ OLED display panels in future cars.

Chief Executive Benedetto Vigna stated that the South Korean business would produce “bespoke OLED technology display solutions” for the next generation of Ferraris.

In Asan, South Korea, Ferrari and Samsung Display leaders have signed a memorandum of collaboration without financial specifics.

Due to its electrification priority, Vigna stated that Ferrari would outsource non-essential components and software.

Ferrari will launch an electric automobile in 2025.

Samsung Display, a company of Samsung Electronics, proposes to invest over $3 billion in OLED panel manufacturing in Asan (005930. KS).

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Hi, I'm Sidney Schevchenko and I'm a business writer with a knack for finding compelling stories in the world of commerce. Whether it's the latest merger or a small business success story, I have a keen eye for detail and a passion for telling stories that matter.

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