Kodak sells OLED business to LG

Kodak has just sold off their OLED business LG Electronics of Korea, where this move is supposed to strengthen Kodak’s financial position. Expected to be finalized before the year is over, this would mean LG will most probably include Kodak’s OLED technology in its upcoming range of products, including AMOLED displays on their cellphones to go up against what Samsung is offering at the moment.