Reportedly, Samsung Display acquires US Micro OLED leader eMargin for US$218 million, targeting Apple’s MR headset applications…..!! eMagin has set affirmations to the company about certain criteria for obtaining the OLED firm. Also, expected to close in the second half of 2023.
Samsung Display to acquire eMagin for About $218 Million
For many years, eMagin has been committed to the research and development of Micro OLED technology for many years. Nonetheless, is the leader in the Micro OLED display industry in the United States. Its products are mainly used in high-resolution AR / VR devices, covering consumer, military, medical and industrial, etc.
Samsung Display will still aim to develop RGB OLEDoS, aiming at supplying displays to Apple MR devices. It will continue to use WOLED+CF technology in the long run. On the image quality and craftsmanship of the display screen, also as a near-eye display device, MR equipment has extremely high requirements. With a total transaction amount of approximately US$218 million (currently approximately RMB 1.526 billion). RMB). eMagin issued common shares at a premium of 10% per share, approximately US$2.08 (currently approximately RMB 15) in a statement that Samsung Display will acquire.
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