DocMemory
 
Home
News
Products
Shop
Memory
Corporate
Contact
 

News
Industry News
Publications
CST News
Help/Support
Member Area
Tester Brochure
Demo Library
Software
Tester FAQs

biology medicine news product technology definition

Monday, November 24, 2014
Memory Industry News
Email ArticlePrinter Format PreviousNext

LG to invest in OLED televisions


Monday, February 18, 2013

DISPLAY MAKER LG has said it will invest $650m in organic light emitting diode (OLED) screen manufacturing.

LG has invested heavily in OLED technology and has shown off prototype OLED televisions in the past few years. Now the firm is set to invest in bringing the cost of that technology down by spending $650m to build the next generation of OLED television screens.

LG showed off 15in OLED screens as far back as January 2009 and while the displays were quite impressive, cost made it nothing more than an engineering exercise. However it seems the firm is ready to invest in bringing the technology to market by ploughing significant capital into manufacturing next generation television screens.

Last week Samsung dropped its request for an injunction against LG over OLED screens. The two firms have been fighting an 18 month legal battle over OLED trade secrets, and although Samsung dropped its injunction request, the two firms and several ex-Samsung employees are still facing legal action.

Both LG and Samsung manufacture small OLED displays for smartphones and tablets, however both firms see the technology as vital for the next generation of low power televisions. With LG investing $650m in building OLED displays, Samsung might be worried that its rival will be able to drive down costs faster than itself.

By: DocMemory
Copyright 2013 CST, Inc. All Rights Reserved

Email ArticlePrinter Format PreviousNext
Latest Industry News
Revolutionary material molecularize flash memories11/24/2014
Defining a Smart Home11/24/2014
IoT will drive growth for communication test equipments11/24/2014
South Korea lags on networking R & D11/24/2014
China Mobile - the dominant 4G operator11/21/2014
Qualcomm to get into ARM server race11/21/2014
Consumer prices unchanged11/21/2014
Should Sony dump Playstation to favor Mobile?11/21/2014
Cray to evaluate ARM against Intel for HPC11/20/2014
Apple and Nvidia ahead on tablet bench mark11/20/2014

CST Inc. Memory Tester DDR Tester
Copyright © 1994 - 2014 CST, Inc. All Rights Reserved