Samsung is reportedly in talks to acquire German organic light-emitting diode (OLED) technology developer Novaled.
Novaled develops technologies and materials that enhance the performance of OLEDs and other organic electronics and sells them to manufacturers of display products.
OLEDs are devices composed of multiple thin layers of organic materials often only a few nanometers thick that emit diffuse light when electricity is applied to them. They are used in thin displays with sharp colors that have the potential to offer greater cost and energy savings than other lighting technologies, Novaled said on its website.
A Novaled representative declined to comment on reports that Samsung is offering more than $200 million for the company, but she did say it may have an announcement to make in a few days.
To read this article in full or to leave a comment, please click here
ConversionConversion EmoticonEmoticon