TechHive: Samsung buys German OLED specialist

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Samsung buys German OLED specialist Aug 9th 2013, 14:55, by Juan Carlos Perez Samsung has bought German organic light-emitting diode (OLED) technology developer Novaled, in a bet on the next-generation technology for digital displays. The binding agreement calls for Samsung's subsidiary Cheil Industries to acquire a participation of about 50 percent in Novaled, while Samsung Electronics will buy a stake of about 40 percent. Samsung Venture Investment will retain its 10 percent stake. Novaled's technologies and materials are designed to improve the performance of OLEDs and other organic electronics. The Dresden company sells them to manufacturers of display products. OLED technology, in use mostly in smartphones, promises to lower the cost of developing large TV displays while improving their quality. To read this article in full or to leave a comment, please click here Media files: samsungcurvedoled-100046945-small.jpg

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