As an indication of the growing prominence of LG Display, the company’s OLED panels are reported to be deployed by Samsung in some of its TVs from 2022. LG Display is the display arm of LG Electronics and it has witnessed a surge in the demand for its products recently. During the just-concluded CES 2022, LG Display showcased some of its innovative and expansive panels to global attention including Q-LED and OLED.
Source: Samsung
This year, Samsung will release new TV models that use LG Display’s white W-OLED panels, the Elec reports. Samsung already has a contract with LG Display for the supply of W-OLED panels for part of its 2022 TV lineup. Samsung CEO Han Jong-hee had said during CES 2022 that the company was open to buying OLED panels from LG Display.
However, there are indications that the discussions between both parties may have hit a snag. This has led to a delayed possible release of the Samsung TVs with LG’s W-OLED panels in May as earlier scheduled. The delay has also resulted in Samsung’s postponement of its plan to inform global TV distributors of its shipment plans for W-OLED TVs. There was thus no mention of the issue during CES 2022, despite earlier plans in the direction.
The source hints that Samsung has agreed to price terms with LG Display and the panels will be sold at par with the price at which LG Display sells to LG Electronics.
Earlier, it had been hinted that Samsung plans to buy around 2 million units of the LG W-OLED panels and ship 1.5 million units of the TVs, and it seems the plans remain unchanged. In total, Samsung will produce 2 million OLED TVs this year.
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