LG still undecided on Google's $880 million OLED panel investment offer

LG still undecided on Google's $880 million OLED panel investment offer
 
A few days ago, we reported that Google is close to inking a $880 million investment deal with LG's display division. The funds are supposed to help LG expand its OLED display production line in order to provide enough screen panels for the upcoming Pixel 2 and other future projects (such as foldable phones).

The news came from "sources within the industry", so there wasn't any official information to back it up. Today, however, LG Display indicated that Google's rumored proposition might actually be real.

In a regulatory filing, LG confirmed that "a growing number of clients are showing interest in flexible OLED panels with the market’s recent expansion”, but also stated that "nothing has been decided on the issue".

Although such obscure statements from the Korean manufacturer are anything but convincing, it certainly makes sense for the two companies to work together.

Google's latest Pixel and Pixel XL smartphones use AMOLED displays, but those were provided by Samsung. Recent reports have suggested that Apple might have secured the majority of Samsung's OLED output for the next two years, which leaves Google with no choice but to try and switch to another display provider.

LG has worked with Mountain View on the Nexus phone and is planning to start full-scale OLED panel production by the end of 2017, so a potential big-money investment aligns with the company's interests.

source: The Investor

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28 Comments

1. Tyrion_Lannister unregistered

Google just needs 200-300 panels at best to sell to the consumer base of pixel phones. I think Samsung can manage that.

4. deewinc

Posts: 455; Member since: Feb 21, 2013

200 - 300 panels? hahaha you savage ASF!!! But to be sincere, it's true. Google is in the level of OnePlus when it comes to Amoled panel demand. Samsung can manage that.

5. Stranger

Posts: 73; Member since: Jan 19, 2017

Consumer base can expand, and if google is actually serious about the pixel phones then considering their potential i dont see a reason why it won't. Google is known for innovating and thats the reason why i am excited for the pixel phones.

6. Tyrion_Lannister unregistered

If the pixel and XL was any indication, the pixel line has no future. The only thing they got right was the camera, and that's it. The design was dated, phone is still buggy after months, average internal components, average performance, awful RAM management to name a few. I didn't even feel like getting that phone. Heck, I wouldn't even exchange my OP3 for that buggy mess of a phone.

7. gnppw

Posts: 95; Member since: Jan 28, 2014

thats what they get for choosing a dying company to manufacture the pixel.

24. lmao2016

Posts: 75; Member since: Mar 17, 2016

I have had the Pixel since November and I can tell you I have never had one issue on this phone plus I use it like a crazy person. There are alot of thread and forums out there about ONE PLUS that has got me thinking wtf is up with em... But I cant knock em until I try it. So don't be on pixel article commenting on pixel articles and you never had a pixel.

14. QWIKSTRIKE

Posts: 1457; Member since: Mar 09, 2010

Innovation in software development not hardware. That is why I went with the note 7. For now it is Note 8, and my nexus 6p and Nexus 5/6 og.

12. Cat97

Posts: 1775; Member since: Mar 02, 2017

Right now yes, but it looks to me that Google is planning to launch a bunch of cheap Daydream VR phones, and that requires OLED and high volume.

2. Romantico3pe

Posts: 177; Member since: Sep 14, 2015

Crapoled

3. haruken

Posts: 303; Member since: Nov 06, 2013

The nerve from LG. Like they're in no position to be "undecided", their G line isn't selling at all.

23. omnitech

Posts: 1131; Member since: Sep 28, 2016

They have been doing fine selling their leftover crap LCD displays to Apple, so maybe they want to make sure the relationship with Apple is truly over before jumping in bed with Google. Makes sense to at least review your options. Yes jumping in bed with Google is probably your best choice but I don't think Google is going to pull the offer anytime soon so might as well dot all your i's.

8. abdoualgeria

Posts: 928; Member since: Jul 27, 2015

LG oled is trash ....

9. ibend

Posts: 6747; Member since: Sep 30, 2014

please go to your nearest electronic store and take a look at LG's OLED TV and monitor... they're great..

10. abdoualgeria

Posts: 928; Member since: Jul 27, 2015

Take a look at lg g flex .... The panel is aweful

11. Tyrion_Lannister unregistered

LG has no OLED monitors AFAIK. Their B6 and E6 line is awesome, but a lot more expensive than the comparable Samsung SUHD lineup.

15. QWIKSTRIKE

Posts: 1457; Member since: Mar 09, 2010

They do have Oled TV on the market. Do some research.... Go to best buy.

19. Tyrion_Lannister unregistered

When did I say LG has no OLED TVs? I said they have no OLED monitors. There is a difference.

26. KParks23

Posts: 719; Member since: Oct 13, 2010

Why even look at a LG TV when there is a Sony probably sitting 10 feet from it lol

16. VZWuser76

Posts: 4974; Member since: Mar 04, 2010

I had to research TVs for a replacement from square trade recently and yes, LG does have OLED TVs. I checked them out but they are expensive as hell. The regular LCD and LCD-LED TVs run from $200-1500, whereas the OLED models are in the $3000+ range.

18. Tyrion_Lannister unregistered

When did I say LG has no OLED TVs? I said they have no OLED monitors. There is a difference.

25. VZWuser76

Posts: 4974; Member since: Mar 04, 2010

An OLED monitor may not be the same as an OLED TV, but an OLED monitor isn't the same as an OLED display on a mobile device either. However, the fundamental technology behind all of them is still the same. The difference is the performance specs (power consumption, brightness, viewing angles, etc). But I would say an OLED monitor has more in common with an OLED TV than it does with an OLED display for a mobile device. OLED monitors and TVs are both powered from a wall outlet, so their power consumption benefits has more to do with saving money on your electric bill. Whereas on an OLED display in a mobile device the power efficiency determines how long the device will function on a charge.

27. Tyrion_Lannister unregistered

Doesn't matter, they don't manufacture monitors. And that was my point.

28. VZWuser76

Posts: 4974; Member since: Mar 04, 2010

Ok, so you're not arguing that OLED TVs aren't comparable, just that they don't manufacture monitors as ibend had stated, correct? I went back and reread his post. I didn't catch that he said they made monitors. I thought you were arguing that OLED in TV displays had nothing to do with OLED mobile displays. My apologies.

13. asirfaysal

Posts: 98; Member since: Jul 19, 2016

As long as it is not Microsoft, everything okay

17. MartyK

Posts: 1043; Member since: Apr 11, 2012

LG is in a class action lawsuits, I think they should take the money.

20. trojan_horse

Posts: 5868; Member since: May 06, 2016

LG should think if Google's proposal based on a long-term benefit , not just take Google's money due to present (short-term) lawsuit treats.

21. Bfrenz

Posts: 285; Member since: Aug 26, 2012

Pixels are overpriced, shameless Google Phones.

22. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

Then pay Samsung. They will find a way. LG panels suck anyways. Even their LED displays gobble more battery than their biggest competitor. Also Sony is an option.

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