Samsung reportedly inks deal to buy OLED TV panels from rival LG Display

Samsung reportedly inks deal to buy OLED TV panels from rival LG Display
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Samsung reportedly inks deal to buy OLED TV panels from rival LG Display

Samsung reportedly inks deal to buy OLED TV panels from rival LG Display

Samsung Electronics is shut to ordering tens of millions of OLED TV panels from LG Display, in accordance to new reviews from MTN, ETNews, and Seoul Financial Every day. Officers reportedly met not too long ago to agree to the deal, which might see 1 million panels provided to Samsung within the second half of this 12 months, rising to 4 million panels subsequent 12 months. If the deal is finalized, it could be the primary time Samsung has purchased OLED panels from its South Korean rival and market chief. TVs with LG’s OLED panels constantly charge amongst the perfect in skilled opinions.

Samsung exited the OLED TV market over half a decade in the past. Right this moment, LG Display provides OLED panels to a wide range of TV producers together with Sony, Vizio, and Hisense, in addition to LG Electronics. Final 12 months LG Display introduced an enlargement of its OLED manufacturing traces, and market analysis agency TrendForce says its manufacturing capability is due to additional enhance within the second quarter of this 12 months. MTN reviews that LG Display’s whole OLED TV panel manufacturing capability is round 8 million items this 12 months.

Right this moment’s reviews are the most recent indication of Samsung’s shift away from LCD panels, which it presently makes use of throughout its tv lineup. Even its QLED TVs nonetheless use LCD panels behind that quantum dot layer. Final 12 months Samsung Display introduced it could cease producing LCD panels within the face of stiff worth competitors from Chinese language rivals, nonetheless it reportedly postponed this shutdown after the pandemic led to an increase in demand.

Whereas falling LCD panel costs had been believed to be behind final 12 months’s transfer, MTN reviews that the pattern is reversing this 12 months. LCD panels are reportedly rising dearer, prompting Samsung to discover options.

Whereas Samsung Electronics plans to buy panels from LG Display, its personal show division is believed to be engaged on Quantum Dot OLED (QD-OLED) TV panels. A report from South Korean publication The Elec this week says Samsung Display is presently engaged on a prototype TV utilizing the know-how, which will probably be despatched to potential clients like Samsung Electronics after it’s produced in June. Nonetheless, QD-OLED panel samples despatched to Samsung Electronics in January was reportedly criticized for his or her low brightness.

QD-OLED isn’t the one new show know-how on Samsung’s horizon. It not too long ago commercialized a brand new show sort known as Micro LED, which makes use of an array of tiny self-emissive LEDs to produce a picture. Though Samsung has launched the know-how in a sequence of ultra-high finish TVs, it’s believed to be years away from being inexpensive sufficient for mass-market units. There are additionally reviews that the corporate is engaged on self-emissive quantum-dot TVs.

When requested in regards to the potential deal in an interview, Samsung Electronics Jong-Hee Han, who oversees the corporate’s show division, dismissed the reviews as rumors.

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