Samsung, a Korean technology giant, has long purchased OLED and LCD panels made directly by China’s BOE supplier. The agreement they made went smoothly and was a nice time. The manufacturers of cell phones and TVs used the panels that the BOE provided. According to the most recent information, Samsung is no longer interested in purchasing the OLED panels provided by the BOE. According to reports, the agreement made between the two businesses will be cancelled beginning in 2023.
According to a list TheElec acquired, Samsung has taken BOE off its official supplier list, meaning the corporation won’t be purchasing any goods from the Chinese manufacturer. This is a result of recent BOE problems with royalty payments. According to reports, the South Korean company asked BOE to pay royalties for utilising Samsung’s name in its marketing, but BOE refused. Samsung has since stopped purchasing as many display panels from BOE.
The panels supplied by the BOE were used by Samsung in their smartphones and other products. Now, the official list of suppliers posted by the brand has revealed that BOE is no more the part of suppliers for display. Just because of the changes in the deal between BOE and Samsung, the brand will now opt for purchasing the displays from CSOT and LG display. We are awaiting more official information regarding this move by Samsung.
Due to the geopolitical instability surrounding China, many businesses, including Apple and Samsung, are lowering their reliance on Chinese suppliers. According to recent reports, Apple no longer purchases NAND chips from the Chinese government-funded company YMTC. Instead, the business will purchase NAND chips from SK Hynix and Samsung. Another example is the most recent contract between Samsung and BOE.
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