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Technology Stocks : Universal Display

OLED 147.28

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Oct 31 9:30 AM EST

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From: MorganBucks	5/4/2017 6:31:24 PM
	of 129

Samsung is rumored to be looking into a potential acquisition deal with Taiwan-based PlayNitride, specifically for the company's micro-LED technology, as Apple's micro-LED ambitions for the Apple Watch stretch into 2018. According to sources speaking with OLED-Info, Samsung is willing to offer up to $150 million for the company, and would use the micro-LED tech for VR applications and television sets in the future. Another potential reason behind Samsung's interest in PlayNitride might be related to Apple and an upcoming version of the Apple Watch. Apple has been predicted to switch its wearable device over from an OLED display to micro-LED as soon as 2017, but it's more likely that micro-LED screens will hit an Apple Watch device in 2018, according to reports from sources in Apple's Longtan District plant in Taiwan. Apple Inc is expected to crank out a small volume of next-generation Micro-LED displays from a plant in Taoyuan by the end of this year for its wearable devices, an IDC analyst said yesterday. The US technology giant is forecast to begin mass production of Micro-LED displays at the plant in Longtan District (??) next year, ahead of rival display makers, IDC analyst Annabelle Hsu said.

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