Xiaomi invests more than 20 million dollars in the main manufacturer of OLED screens in China
Xiaomi seems to be willing to go into the OLED panel manufacturing market or at least in an investment strategy. And it is that, throughout this morning we have learned that Xiaomi invested more than 20 million dollars in the main manufacturer of OLED screens in China . In detail, this large investment has gone to Dalian Zhiyun Automation Company , a manufacturer specialized in the production of LCD, OLED and mini LED panels, which, as we said, is among the main in China. After this millionaire investment, Xiaomi has obtained in exchange a total of 15.5 million shares . This in turn represents a small portion of 5.63% of Zhiyun , making it clear that the price of this manufacturer is quite high. Xiaomi invests in one of Samsung’s main competitors Taking into account that this manufacturer works closely with BOE , Huaxing , Tianma and Visionox , we could say that Xiaomi has wanted to invest in Samsung’s direct competitor and its department of OLED panels. In addition, acco...