Google wants to invest $ 880 million in LG Display

According to Korean publication Electronic Times, Google the company has offered the company LG Display investment of $ 880 million. The financial infusion should provide an uninterrupted supply of OLED-panels for the next Pixel line smartphone. LG while analyzing the proposals received and did not give a definitive answer.

Investment size can be increased, it all depends on the parties’ agreement, if it is reached writes¬†9to5 googleIn. Pixel and Pixel XL uses AMOLED-display production of the Samsung .

Information on the LG and Google possible partnership came after sources said the conclusion of a similar agreement between Apple and Samsung. It is alleged that the Korean company will have to put the iPhone maker 70m of flexible OLED-panels for the future, “apple” smartphone.

 

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