Google offers at least S$1b to LG Display for Oled investment

Google has reportedly offered to invest at least 1 trillion won (S$1.23 billion) to help LG Display boost output of organic light-emitting diode screens for smartphones.
Google has reportedly offered to invest at least 1 trillion won (S$1.23 billion) to help LG Display boost output of organic light-emitting diode screens for smartphones. PHOTO: AFP

SEOUL (REUTERS) - Google has offered to invest at least 1 trillion won (S$1.23 billion) to help South Korea's LG Display boost output of organic light-emitting diode (Oled) screens for smartphones, the Electronic Times reported on Monday (April 10) citing unnamed sources.

Google offered the investment to secure a stable supply of flexible Oled screens for its next Pixel smartphones, the paper said. Samsung Electronics' flagship Galaxy smartphones use the bendable displays, while Apple is expected to start using them in at least some of its next iPhones.

LG Display declined to comment.