LG and Samsung pomped over 250 million euros in a German OLED firm in just a month

- Adrian Ungureanu

It sounds like a collaboration but is not. Cynora is a German firm that produces highly efficient blue emitters based on what is called thermally activated delayed fluorescence technology. TADF is expected to solve some challenges in the display segment, including the relatively short lifespan of blue emitters.

An OLED display contains red, green and blue emitters. The blue emitter currently has a shorter life compared to the rest. So, LG and Samsung what to secure Cynora’s support.

Samsung Display has decided to invest 100 million euros (US$117.59 million) in Cynora, a German display materials developer, in a bid to secure technology that could enhance the efficiency and performance of OLED displays.

Samsung’s investment comes after its crosstown rival LG Display’s decision last month to invest a combined 150 million euros in Cynora.

Global display tech firms have been competing to commercialize TADF emitters. Based on the rising demand, Cynora plans to beef up its production capability, setting up new manufacturing lines.