LG & Valve Invest Millions In OLED Microdisplay Firm eMagin

LG Electronics and gaming company Valve invested millions of dollars into OLED microdisplay manufacturer eMagin, according to the latter’s January filing with the United States Securities and Exchange Commission. The Hopewell Junction, New York-based firm issued approximately $ 10 million of new stock sold to a number of investors late last month, with LG, Valve, and Apple being highlighted as the most prominent names who backed its business, though the manufacturer didn’t provide a more specific breakdown of the investment which should have already been closed, according to its recent estimate.

LG and Valve’s interest in OLED microdisplays is largely believed to …
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