Don't Fall For This Samsung OLED Rumor
Universal Display investors were left shaking their heads Wednesday as their stock fell 3%, this time thanks to fresh rumors suggesting Samsung 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.
Why our CTO is putting more than $117,000 of his own money in another fast-growing tech name
Opportunities to get wealthy from a single investment don't come around often, but they do exist, and our chief technology officer believes he's found one. In this free report, Jeremy Phillips shares the single company that he believes could transform not only your portfolio, but your entire life. To learn the identity of this stock for free and see why Jeremy is putting more than $117,000 of his own money into it, all you have to do is click here now.
The article Don't Fall For This Samsung OLED Rumor originally appeared on Fool.com.Fool contributor Steve Symington owns shares of Universal Display. The Motley Fool recommends Universal Display. The Motley Fool owns shares of Universal Display. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.