Samsung to Buy OLED-Maker Novaled
Samsung has agreed to buy Novaled for $347 million, reports the Wall Street Journal. Novaled, which is based in Germany, creates OLED lighting and display technology. Samsung is purchasing Novaled through one of its affiliates, Cheil Industries. The company said it expects the acquisition to help improve its next-generation display technology. Samsung intends to use Novaled to help it create better OLED panels across a range of its own products, such as mobile devices and television sets.
Micro-LED Backlights Could Bring OLED Performance to LCD Screens
AT CES this week, Rohinni demonstrated its micro-LED technology, and provided a glimpse at new backlight technology it's working on for the LCD display panels used in phones. While most LED chips are around 1mm, Rohinni's micro-LEDs are many times smaller and can be placed precisely on thin, flexible plastic sheets.
LG Turning to OLED for V30's FullVision Display
LG today said its "next flagship smartphone" — widely believed to be the V30 — will be the first to adopt a plastic OLED FullVision display. LG has used plastic OLED before, notably on the 2015 Flex 2, which was in fact curved and flexible.
LG Display to Invest More In OLED Technology
LG Display today said it plans to invest about $8.5 billion in OLED displays for television sets, smartphones, and wearables. The company wants to boost its capabilities with the technology to stay ahead of the adoption curve as OLED becomes more mainstream.
LG Display to Step Up OLED Production
LG Display plans to invest $396 million to improve its ability to manufacture flexible OLED displays and OLED lighting panels. The company will sink about $272 million into an existing facility in order to boost production capacity, and about $123 million to build a new production line dedicated to OLED lighting.