Today's Hard|Forum Post
Today's Hard|Forum Post

Sunday August 11, 2013

Samsung to Buy OLED Maker Novaled for $347 Million

Samsung is already heavily invested in the manufacturing of OLED screens, both small and large screen versions and will be needing additional help is the manufacturing process. The investment in Novaled will insure Samsung’s leading position in OLED screen production.

Germany-based Novaled develops OLEDs (organic light-emitting diodes) that are used in the displays of smartphones and increasingly those of TV sets. OLED screens are thinner, lighter, and brighter than conventional LED screens, but are more difficult to manufacture