Technology | Google offers at least US$880 million to LG display for OLED investment
Samsung Galaxy S7 and S7 Edge devices. Photo: AFP/Jung Yeon-je
Samsung Galaxy S7 and S7 Edge devices. Photo: AFP/Jung Yeon-je

Google offers at least US$880 million to LG display for OLED investment

Google has offered to invest at least 1 trillion won (US$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.

April 10, 2017 4:53 PM (UTC+8)

Google has offered to invest at least 1 trillion won (US$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 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.

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