Brief: The Samsung Novaled deal is real

BY Stefan Constantinescu
Stefan Constantinescu

...

All Articles by Stefan Constantinescu

Published 12 Aug 2013

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Last month there was a rumor going around saying Samsung was interested in purchasing the German OLED company Novaled for $200 million. Late Friday night, the deal was officially announced, and for quite a bit more money: $347 million. Who exactly is Novaled? Besides holding over 500 patents for OLED technology, they appear to be the type of company that has a strong R&D department that then licenses out their fabrication techniques. What is Samsung going to do with this company? Besides use their patents to bat LG over the head, Samsung will also likely advance their own OLED manufacturing capabilities.

NSFW AI Why trust Greenbot

We maintain a strict editorial policy dedicated to factual accuracy, relevance, and impartiality. Our content is written and edited by top industry professionals with first-hand experience. The content undergoes thorough review by experienced editors to guarantee and adherence to the highest standards of reporting and publishing.
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