Samsung reportedly inks deal to buy OLED TV panels from rival LG Display

Image: LG

Samsung Electronics is close to ordering millions of OLED TV panels from LG Display, according to new reports from MTN, ETNews, and Seoul Economic Daily. Officials reportedly met recently to agree to the deal, which would see 1 million panels supplied to Samsung in the second half of this year, rising to 4 million panels next year. If the deal is finalized, it would be the first time Samsung has bought OLED panels from its South Korean rival and market leader. TVs with LG’s OLED panels consistently rate amongst the best in professional reviews.

Samsung exited the OLED TV market over half a decade ago. Today, LG Display supplies OLED panels to a variety of TV manufacturers including Sony, Vizio, and Hisense, as well as LG Electronics….

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Author: Jon Porter