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Samsung signs OLED supply deal with Xiaomi

Published 07/17/2017, 02:00 PM
© Reuters.  Samsung signs OLED supply deal with Xiaomi
NOKIA
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005930
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BABA
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  • Xiaomi has signed a supply deal with Samsung (KS:005930) (OTCPK:SSNLF, OTC:SSNNF) for OLED screens next year after a previous deal with LG Display fell through.
  • The rigid OLED panels will go into Xiaomi’s flagship smartphone.
  • The first supply shipment of 1M units will occur in December of this year with 2.2M units shipping in January.
  • LG Display faces delays due to its newest plant starting operations next months, which is three months behind schedule.
  • Previously: Nokia (HE:NOKIA), Xiaomi sign patent deal (July 5)
  • Now read: Tencent Vs. Alibaba (NYSE:BABA): Complex Cross-Ownership Structures Cause Criminally Undervalued Chinese Super-Conglomerates


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