Samsung Display acquires eMagin for US$218 million to strengthen competitiveness in XR device panel field

According to news on May 19, Samsung Display Company, which has obvious advantages in the field of smartphones, is actively deploying Micro OLED technology and plans to acquire an American company that masters this technology.

According to reliable news, Samsung Display is about to complete its acquisition of eMagin. eMagin has announced on its official website that the two parties have reached an acquisition agreement. The acquisition price is expected to be US$2.08 per share, a premium of 10%. The deal is estimated to value eMagin at $218 million.

#eMagin is currently the only company in the United States that masters Micro OLED technology. The company's Micro OLED technology can be widely used in augmented reality (XR) devices. Compared with the OLED panels currently commonly used, Micro OLED uses smaller organic light-emitting diodes that do not have black lines between pixels, eliminating dizziness when viewed at close range and providing higher resolution.

According to a report from ITBEAR Technology Information, Samsung Display may enhance its technical capabilities in panels required for XR devices by acquiring eMagin. This move will strengthen Samsung Display’s competitive position in the smartphone market and further meet user demands for high-quality displays.

It is worth mentioning that Samsung Display has always been in a leading position in the field of OLED panels, and its products are widely used in various smartphones. This time the layout of Micro OLED technology shows Samsung Display’s forward-looking thinking and strategic planning for the development of future display technology.

In short, through the acquisition of eMagin’s Micro OLED technology, Samsung Display will further expand its advantages in the field of XR device panels, provide better and more innovative display solutions, and bring users a more shocking visual experience.

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