Google reportedly pursuing LG display deal so it can actually ship phones this year
Google has reportedly offered to invest around $880 million US (1 trillion won) in LG’s Display division in an apparent bid to make sure it gets the supply of displays it needs for the next Pixel phone. According to the Electronic Times (via Reuters), the lack of a steady supply of OLED panels was one of the main reasons that Google has had such a hard time shipping the current Pixel phone.
Google has apparently realized that if you’re trying to break into the phone hardware business, you should probably find a way to make and sell phones to people who want to buy them. Who knew?!
Google’s reported investment isn’t a straight purchase order for screens, rather a “strategic relationship” designed to ensure that LG Display has the capital…