According to Korean media reports, Google would like to invest around 830 million euros in LG Display. The investment aims to secure the production of flexible OLED displays for the next generation of pixel smartphones, the Korean Electronic Times and the Korean Herald report. Yet nothing is official.
Reduce dependency on Samsung displays
With an investment of one trillion South Korean Won (828 million euros), LG’s displays of Korean herald could produce flexible OLED displays for three million smartphones a month. That would make Google less strongly dependent on Samsung display, the manufacturer is the only supplier of OLED displays the pixel and pixel XL (test). The bottlenecks at Samsung Display should have been responsible for the fact that buyers of the Pixel often had to accept long delivery times because Google did not have enough devices in stock.
OLED displays demand more
Google’s investment in LG Display would take place at a time when more and more smartphone manufacturers switch from classic LC displays to organic light-emitting diodes and generally increase production volumes. Samsung display has to supply in huge quantities Samsung mobile, and for the iPhone 8 is also intended to Apple around 70 million panels exclusively from Samsung display. In addition, the Chinese smartphone manufacturers are increasing interest in OLED displays.