Samsung reportedly inks deal to purchase OLED TV panels from rival LG Show

Patrick

Samsung Electronics is near ordering tens of millions of OLED TV panels from LG Show, in response to new experiences from MTN, ETNews, and Seoul Financial Day by day. Officers reportedly met just lately to conform 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 will be the primary time Samsung has purchased OLED panels from its South Korean rival and market chief. TVs with LG’s OLED panels constantly price amongst the perfect in skilled opinions.

Samsung exited the OLED TV market over half a decade in the past. At this time, LG Show 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 Show introduced an enlargement of its OLED manufacturing strains, and market analysis agency TrendForce says its manufacturing capability is because of additional enhance within the second quarter of this 12 months. MTN experiences that LG Show’s whole OLED TV panel manufacturing capability is round 8 million items this 12 months.

At this time’s experiences 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 Show introduced it will cease producing LCD panels within the face of stiff value competitors from Chinese language rivals, nevertheless it reportedly postponed this shutdown after the pandemic led to an increase in demand.

Whereas falling LCD panel costs have been believed to be behind final 12 months’s transfer, MTN experiences that the development is reversing this 12 months. LCD panels are reportedly rising costlier, prompting Samsung to discover alternate options.

Whereas Samsung Electronics plans to purchase panels from LG Show, 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 Show is presently engaged on a prototype TV utilizing the know-how, which will likely be despatched to potential prospects like Samsung Electronics after it’s produced in June. Nevertheless, 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 just lately commercialized a brand new show sort known as Micro LED, which makes use of an array of tiny self-emissive LEDs to provide a picture. Though Samsung has launched the know-how in a collection of ultra-high finish TVs, it’s believed to be years away from being reasonably priced sufficient for mass-market units. There are additionally experiences that the corporate is engaged on self-emissive quantum-dot TVs.

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

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