Samsung announced the pricing of its curved OLED TV for the South Korean market in late June. Now, in a bid to offer competition to other OLED TV makers, Samsung has announced a price cut of the TV for its home market. The new price of the TV is 9.9m won ($8900) compared to the […]
OLED
Samsung, Cheil Industries acquire Novaled for $347 million [Updated]
UPDATE: The initial reported figure was wrong. The confirmed transaction value is €260 million that comes to around $347 million, which we’ve corrected below. Samsung Group through its subsidiary and affiliate has acquired German-based Novaled AG. Samsung Electronics, part of Samsung Group and its affiliate Cheil Industries Inc. will acquire a stake of 40 percent […]
Samsung looking to acquire Novaled that specialises in OLED tech
UPDATE: Samsung and its affiliate, Cheil Industries has bought the company. More here. Back in 2011, Samsung’s Venture Capital arm, Samsung Venture Investment Corporation (SVIC) invested in a German company called Novaled. Now Bloomberg reports that the Samsung Group is in final stages to acquire Novaled. The confirmation also came from Cheil Industries – Samsung-owned […]
Samsung could ship its 55-inch OLED TV next week
Samsung’s 55-inch OLED TV could roll out in South Korea as early as next week, according to Yonhap News’ sources. The expected price of the TV set will be over 10 million won and if everything is according to the plan, Samsung will also release the curved OLED TV that it showed during the CES […]
Samsung Wins Two KES 2012 Awards
Samsung has won two awards from the Korea Electronics Shows (KES) 2012. Samsung won the New Product Award for its upcoming OLED TV ES9500 and a Design Award for its SB950 premium monitor. The OLED TV as we know, will come in 55-inch with Dual View, 3D, Smart TV support, gesture and face recognition […]