Samsung and LG Display may soon agree to supply 3-4 million OLED TV panels

Citing “multiple industry sources,” The Korea Times reported that Samsung Electronics is very close to ordering three to four million OLED TV panels from LG Display. So the world’s leading TV maker plans to hedge against problems with its own QD-OLED panels.

“Samsung Electronics is seriously considering purchasing OLED panels from LG Display for use in its second-tier TV brands. Samsung Electronics can purchase up to four million OLED TV panels, ”the source of the words of the head of one of the specialized companies quoted.

If the deal goes through, it will be the first time Samsung has bought OLED panels from its main competitor. Note that LG Display has already shipped about 8 million large OLED panels this year.

A Samsung Electronics spokesman said nothing has been decided at this point.

As you know, Samsung Electronics has long abandoned the production of OLED panels for TVs. In return, LG Display supplies its OLED panels to a variety of TV manufacturers. Even if the multi-billion dollar deal is struck, Samsung Electronics plans to use LG’s OLED panels in its second-tier TV brands, prioritizing its own QD-OLED technology.

In QD-OLED, quantum dot filter technology complements the OLED panel. But when QD-OLED panels will appear in mass production is still unknown. According to unofficial information – in the second half of this year.

Samsung has been the world’s # 1 TV manufacturer for 15 consecutive years. LG is the second largest player in the global TV market.

In one of the April news, the deal was reported as a fait accompli. Judging by the latest data, the then statement that the deal had already been signed was untrue.