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Home › Samsung buys German OLED specialist

 

Samsung buys German OLED specialist

2013-08-09 19:11:37| InfoWorld: Top News

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.

Tags: german samsung specialist buys

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