HomeNewsWorldGoogle offers at least $880 mn to LG display for OLED investment: Report
Trending Topics
Khawaja Asif
Russia Ukraine Peace Deal
Kevin Hassett
Kash Patel
Steve Witkoff

Google offers at least $880 mn to LG display for OLED investment: Report

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.

April 10, 2017 / 10:37 IST
Story continues below Advertisement
Remove Ad
A logo is pictured at Google's European Engineering Center in Zurich April16, 2015. The European Union accused Google Inc on Wednesday of cheating competitors by distorting Internet search results in favour of its Google Shopping service and also launched an antitrust probe into its Android mobile operating system. REUTERS/Arnd Wiegmann - RTR4XK1M
A logo is pictured at Google's European Engineering Center in Zurich April16, 2015. The European Union accused Google Inc on Wednesday of cheating competitors by distorting Internet search results in favour of its Google Shopping service and also launched an antitrust probe into its Android mobile operating system. REUTERS/Arnd Wiegmann - RTR4XK1M

Google Inc has offered to invest at least 1 trillion won (USD 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.

Story continues below Advertisement
Remove Ad

LG Display declined to comment, while Google could not be immediately reached for comment.

first published: Apr 10, 2017 10:32 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Follow Us On: Facebook twitter instagram linkedin telegram youtube
News
Business New Market New Stocks Income Tax Calculator Election Schedule 2024 India News Economy Mutual Funds Personal Finance IPO News Startups New USA Elections New
Features
Gold Rate Today Silver Rate Today Trending News Startups New National News MC Videos MC You Tube
Tools
SIP Calculator 2 SIP Calculator 3 SIP Calculator 1 New SIP Calculator 4
Specials
PowerYourTrade Master Your Money Game Changers
Network 18 Sites
News18 Firstpost CNN News18 CNBC TV18 Forbes History TV18
Personal Finance
Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finance Tracker Fixed Deposits Fixed Deposit Comparison Fixed Income Account Aggregator
Quick Links
About Us New Contact Us Advisory Alert New Advertise with Us New Disclaimer Privacy Policy Cookie Policy Terms & Conditions Careers Financial Terms (Glossary) Analytical & Information Tool New
Download MC Apps:

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.