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 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.
LG Display to Amp Up Flexible Display Production
LG Display said it intends to invest about $907 million in a new plant that will focus on making flexible displays. The company said it believes smartphone makers will begin to increase demand for such screens in the years ahead.
Samsung to Use $3 Billion to Boost Display Production
Samsung Display, a subsidiary of Samsung electronics, plans to invest heavily in its Vietnam manufacturing facility in order to increase production. The company already spent $1 billion on its OLED plant in Vietnam earlier this year, which is less expensive to operate than some of its other plants.