A major upheaval could be created in the AV world as Samsung may start producing OLED TVs with rival panels from rival LG, according to a report by broadcaster MTN spotted by Sammobile. The two companies reportedly signed an agreement stating that Samsung will buy up to 1 million OLED panels from LG in the second half of 2021 and up to 4 million panels in 2022.
Samsung is stuck with QLED technology for high-tech TVs, although it is one of the largest manufacturers of OLED screens for smartphones. Meanwhile, LG has committed to OLED technology for its more expensive TVs. If the rumors that Samsung could create at least some OLED TVs are true, this would be a major change for the industry.
Reputation makes sense given the recent changes in the flat panel business. According to Yonhap, LG and Samsung are shifting the focus from LCD TVs to higher-tech models. The LCD market is now led by Chinese companies such as BOE, CSOT and HKC, which currently occupy the top three positions in panel construction.
To that end, LG Display plans to increase its profitable OLED panel production capacity "as part of its effort to dominate the OLED market," according to TrendForce. Of the 25 million panels released last year, 8 million were OLED, so production will logically increase to meet Samsung orders.
Samsung, meanwhile, is focusing on new hybrid technology QD-OLED with the first TVs expected to hit the market in Q4 2021. However, it seems to be facing production issues, which may have forced it to procure OLED panels from LG.
Source of information: engadget.com