India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Instagram Outage Disrupts Thousands of U.S. Users 
Samsung Display Co. Ltd. and eMagin Corporation announced this week they have signed a definitive merger agreement. The South Korean subsidiary of Samsung Electronics is acquiring the American leader in organic light emitting diode (OLED) microdisplay technology for $218 million.
Samsung Display and eMagin agreed that the former is buying all outstanding shares of the latter’s common stock for $2.08 per share. The purchase is set to be paid in full cash.
The merger is expected to strengthen Samsung Display’s push to get into the global market for its line of businesses, including extended reality. In any case, eMagin was founded in 2000 and is currently based in Hopewell Junction, New York. It mainly manufactures small-sized OLED display panels for augmented reality (AR) and virtual reality (VR) devices.
According to Korea Joongang Daily, Samsung Display and eMagin are expecting their merger deal to be completed within the second half of this year. Then again, just like any other buyout transaction, this is also subject to the approval of regulators, stockholders of eMagin, and other applicable customary closing conditions.
Until the process of the buyout is closed, the two companies will continue to operate as separate independent firms. And when everything is in place and finalized, the American OLED maker will still maintain its operations and facilities in New York.
“This agreement is a validation of our technical achievements to date including our proprietary direct patterning (dPd) technology, provides a significant premium for our shareholders, and represents a win for our customers and employees,” eMagin’s chief executive officer, Andrew G. Sculley, said in a press release. “By teaming with Samsung Display, we will be able to achieve the full potential of our next-generation microdisplay technology with a partner that can provide the resources and expertise we will need to scale production.”
Samsung Display’s president and CEO, Joo Sun Choi, further commented, “We expect XR (Extended Reality) devices to have significant potential of growth in the future, and eMagin’s technology in this space will enable Samsung to offer innovative products to more customers and strengthen its XR-related business.”
Photo by: Samsung Display Newsroom
