Google wants to invest almost $ 1 billion in LG Display for the production of OLED panels for smartphones

According to the source, Google suggested that the company LG Display to invest 880 million dollars to help the latter to ramp up production of OLED panels for smartphones.

The search giant wants LG has provided a stable supply of flexible displays, P-OLED for future smartphones Pixel. The source says that Google is under the agreement does not require building a separate line, which will produce panels for smartphones, LG remains have freedom of action.

Note that at this point in the Pixel smartphones use AMOLED screens made by Samsung. In fact, LG Display produces OLED panels for smartphones in a very small number, mostly limited to screens for smart watches if we are talking about mobile technology.



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