Samsung to buy OLED TV panels from LG in bulk

Samsung is about to complete an order to purchase millions of OLED TV panels from LG. If it can be reached, this will be Samsung’s first purchase of OLED displays from LG. panel.

According to reports, LG will provide 1 million OLED TV panels in the second half of this year and another 4 million OLED TV panels next year. Han Zongxi, the president of Samsung Visual Display (VD) business unit, denied this, saying it was a complete rumor.

However, some people in LG said that the part of the meeting between the two sides is a fact. It is rumored that Samsung will buy a large number of OLED TV panels from LG, which Samsung officially denies

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Samsung has not launched OLED TVs for many years, and LG is the leading supplier of the OLED TV panel industry. LG also announced the expansion of its OLED production line last year.

Samsung is currently committed to the research and development of QLED TV panels, but its production capacity and yield rate do not seem to have reached expectations. It is still difficult to replace LCD TV panels whose prices are rising day by day.

(Via)