Samsung Buys German OLED Display Firm Cynora: Report

SEOUL, June 29 (Korea Bizwire) — Samsung Display Co. has acquired German display startup Cynora GmbH for about US$300 million to advance technology for foldable smartphone screens, a report said Wednesday. Bloomberg reported that the South Korean firm purchased Cynora’s “intellectual property and technology” on organic light-emitting diode (OLED) panels used in foldable smartphones. Cynora’s [...]