Not like LG had
any choice but to get savvy with OLED, but either way, it's good to hear that it's making the investment willingly. According to CEO Kwon Young-soo, LG is planning to use some of its "abundant cash" (must be nice, right?) to "increase capital spending for the active-matrix organic light-emitting diodes (AMOLED) business." He refused to dole out a proper figure at the time, noting that the company was "still watching the market to seek a proper time to implement decisive action." As for logistics, it's highly likely that a little tag-team work with
Samsung SDI will take place, while it's also probable that we'll see its 3.5G AMOLED line relocated to its facilities in "Paju, Gyeonggi Province, following the relocation of the two-generation production line in Gumi." So, LG -- now that we know you're all gung ho, might we see that
32-inch OLED TV before 2011?
The WirelessHD group has been making noise all year in what looks like run up to big things in 2009, so two of its biggest supporters, Panasonic and Samsung, are putting their money where their mouth is, with a "strategic investment" in developer SiBEAM. No word on exactly how much cash was laid out by the two, but the 60Ghz band chip maker is spinning it as a clear show of confidence from two of the world's biggest consumer electronics manufacturers that will help it roll out product in the future. With more than a few variants of cable-free technology on shelves or on the way we'll need to see actual hardware for sale before lining up as true believers.
