Google offers piles of won to LG

google-ICGoogle  has offered to invest at least one trillion won ($880.29 million) to help LG Display boost its output of organic light-emitting diode (OLED) screens for smartphones.

According to the Electronic Times Google offered the investment to secure a stable supply of flexible OLED screens for its next Pixel smartphones.

Samsung Electronics’s flagship Galaxy smartphones use the bendable displays, while Apple is expected to start using them in at least some of its next iPhones. It is thought that this will create a short supply in the industry, which Google wants to head off at the past.

The story has not been confirmed by any of the parties involved. The Pixel does not really sell well enough to cause Samsung or Apple any problems.  It is more of a reference phone designed to attract the interest of other partners, although Google has been slammed for trying to do a lot more with that concept than it should.

Still Google i