Don't Fall For This Samsung OLED Rumor

Universal Display (NASDAQ: OLED  ) investors were left shaking their heads Wednesday as their stock fell 3%, this time thanks to fresh rumors suggesting Samsung  (NASDAQOTH: SSNLF  )  might drop its flagship OLED technology.

Specifically, the rumor mill came out in full force yesterday after Korean news site ETNews reported Samsung is considering reverting to LCD displays to lower costs for its upcoming Galaxy S5 smartphone and Note 4 tablet.  

But we've seen such claims debunked before, says the Fool's Steve Symington in the video below. What's more, he explains, there's simply too much evidence of Samsung's dedication to OLED for him to believe it'll abandon ship now.

Check out the video to get Steve's full take, then weigh in below to let us know whether you think Universal Display investors should be worried.

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  • Report this Comment On December 16, 2013, at 10:46 AM, justinr wrote:

    Samsung putting $5billion into OLED display tech development. Samsung stating that OLED's are the future of display tech means these rumors are very silly.

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