Reuters: LG Display will supply OLED panels to Samsung – Image and sound – News

LG Show has reached an settlement to provide OLED panels for TVs to Samsung Electronics. Insiders report this to the Reuters information company. LG would initially primarily provide 77 and 83″ screens to the tech large.

LG Show might already ship the primary OLED panels to Samsung this quarter, two sources report back to Reuters. The display screen producer will ship two million OLED panels to Samsung in 2024. Within the following years, these numbers ought to improve to a few and 5 million panels. Samsung Electronics desires to develop its vary of OLED televisions with this, the information company writes. Since final yr, the corporate has been promoting televisions with QD OLED panels, that are produced by sister firm Samsung Show. They use blue OLEDs with a quantum dot colour filter. LG’s panels use white OLEDs and are due to this fact additionally known as ‘woled’

In keeping with Reuters, Samsung will initially solely buy OLED panels of 77 and 83″ from LG. Samsung at present provides its personal QD OLED screens in variants of 55, 65 and 77″. Televisions with LG’s OLED panels would in all probability additionally grow to be accessible. The deal would see Samsung overtake Sony because the second largest provider of OLED TVs after LG Electronics.

Rumors have been circulating for a while about an OLED deal between LG Show and Samsung Electronics. About that the primary studies went round in 2021. South Korean media reported in April 2022 that the 2 corporations had been particularly negotiating about the provision of comparatively low-cost OLED panels. In July these negotiations had been halted. These talks would have resumed final month, reported The Elec al.