Google offers at least $880 million to LG Display for OLED investment: report
Latest News »
- Home a distant dream for Rohingya Muslim refugees
- 3 infants die of alleged disruption in oxygen supply in Raipur hospital, probe ordered
- Narendra Modi, Amit Shah to monitor performance of BJP-ruled states
- Mosque amidst temples in Ayodhya was built by Babar’s commander: Shia Waqf Board
- Before Vishal Sikka exit, mutual funds had hiked Infosys share holdings
Seoul: Google Inc. has offered to invest at least 1 trillion won ($880.29 million) to help South Korea’s LG Display Co. Ltd boost output of organic light-emitting diode (OLED) screens for smartphones, the Electronic Times reported on Monday citing unnamed sources.
The paper said Google offered the investment to secure a stable supply of flexible OLED screens for its next Pixel smartphones. Samsung Electronics Co. Ltd’s flagship Galaxy smartphones use the bendable displays, while Apple Inc. is expected to start using them in at least some of its next iPhones.
LG Display declined to comment, while Google could not be immediately reached for comment. Reuters