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Sharp makes long-awaited OLED foray, wary of big spending [Reuters]

LG Display Co, Ltd AMERICAN DEPOSITORY SHARES (LPL) 
US:NYSE Investor Relations: ir.oled.com/shareholders/default.aspx
Company Research Source: Reuters
Sharp makes long-awaited OLED foray, wary of big spending | Reuters 3 Min Read TOKYO (Reuters) - Japan’s Sharp Corp ( 6753.T ) unveiled its long-awaited move into the organic light-emitting diode (OLED) market on Wednesday as the Apple Inc ( AAPL.O ) supplier looks to catch rival Samsung Electronics Co Ltd ( 005930.KS ). Sharp will offer OLED panels in its new smartphones later this year and plans to sell the screens to other manufacturers, although it has signaled it is wary about a rapid expansion in OLED as momentum for the thinner but more expensive screens slows. The move comes as the Osaka-based electronics maker, a major supplier of iPhone liquid crystal display (LCD) screens, continues its recovery after being bought two years ago by Taiwan’s Foxconn ( 2317.TW ). Sharp’s OLED smartphones will initially go on sale in Japan, by far its major market after it slashed its overseas smartphone business. The company has not yet reached any deals for sales to other smartphone m Show less Read more
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