Samsung to increase purchases of Chinese OLED panels for its smartphones by 8 times

In addition to being the world’s leading manufacturer of OLED displays, Samsung’s display division is also heavily outsourced for panels for its devices. For example, for smartphones, Samsung uses Chinese-made screens and this year is going to increase order volumes several times.

According to insiders cited by The Elec, Samsung plans to buy 6.5 million OLED panels for smartphones this year from Chinese manufacturers BOE and CSOT. This is about eight times more than last year, when the Chinese supplied the Korean company with 800,000 OLED displays. BOE will account for 3.5 million displays this year, with COST supplying the remaining 3 million.

Samsung will need a total of 155.5 million OLED panels for smartphones this year. It will purchase 149 million units, or 96% of the total, from its subsidiary Samsung Display, with the remaining 4% from China. By comparison, in 2021, Samsung purchased 99% of its total OLED panels from its display division. And while BOE and CSOT’s share of Samsung’s display supply chain is still low, it is expected to continue to grow in the future, according to observers.

It is also reported that BOE and CSOT last year took part in the development of an OLED display for the 2022 Samsung Galaxy A73, the top representative of the Galaxy A series of smartphones. Korean brand. Also on account of CSOT is the creation of OLED panels for low-cost models of the Samsung Galaxy M series for the Indian market.

Source: Trash Box

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