'Google offers LG $900m to supply screens for its new phone'
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April 10, 2017
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Google has reportedly offered to invest almost $900 million in LG Display Co. to help the South Korean electronics firm increase production of its organic light-emitting diode (OLED) screens for smartphones.

Google has made the $880 million offer to secure a steady stream of screens for its upcoming Pixel smartphone, the Electronics Times reports.

LG has declined to comment while Google could not be reached at the time of publication.

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Samsung already uses bendable OLED screens in its phones while Apple (NASDAQ: Apple [AAPL]) is expected to introduce them on its next iPhones.

LG could be Google's only option if the company is set on delivering a curved OLED screen. Samsung may not be able to supply Google, given recent speculation that it has inked a deal with Apple to supply curved screens for a new iPhone.

Rival manufacturer Japan Display Inc. has also stated that it will be unable to produce curved OLED screens until at least next year.

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