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Samsung to Purchase OLED TV Panels from Rival LG

1 min read
Source: Engadget
Samsung to Purchase OLED TV Panels from Rival LG
Photo: Engadget
TL;DR Summary

Samsung has reportedly signed a deal with LG to purchase high-end white OLED TV panels, with LG Display set to supply 2 million panels next year, then 3 million and 5 million respectively in 2025 and 2026. The partnership could help Samsung make up ground in the OLED TV market, while also helping LG Display to turn its business around after four straight quarters of losses. The deal could add north of $1.5 billion to LG's bottom line next year.

Topics:technology#business#lg#oled#partnership#samsung#tv
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  1. Samsung is reportedly buying OLED TV panels from LG  Engadget
  2. Samsung admits defeat and reportedly inks deal for LG's OLED TV panels  The Verge
  3. Cheaper Samsung OLED TVs are coming, thanks to a deal with LG  TechRadar
  4. After years of bashing OLED, Samsung now set to buy panels from LG  Digital Trends

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