Samsung Electronics will launch TVs using LG Display’s OLED panels as soon as June, later than originally expected in May. According to foreign media reports, after adjusting the leadership at the end of last year, Samsung Electronics has decided to re-evaluate the supply contract they signed with LG Display, and Samsung’s top decision-making department decided to continue purchasing from LG Display at the end of the year. OLED panels for TVs.
In the report, the Korean media also mentioned that during the CES 2022 (International Consumer Electronics Show 2022) at the beginning of the month, Jong-Hee Han, the newly appointed co-CEO of Samsung Electronics, also expressed their interest in purchasing LG’s products. OLED panels have an open mind.
In the report, the Korean media also mentioned that after Samsung Electronics’ top decision-making department approved the continued procurement of OLED panels from LG Display, Samsung Electronics has been seeking working-level contacts with LG Display.
The news that Samsung Electronics purchased OLED panels for TVs from LG Display appeared in early April last year. At that time, a number of Korean media reported that Samsung Electronics executives were negotiating with LG Display to purchase OLED panels for TVs and would purchase OLED panels for TVs.
But in the following week, it was reported that Samsung Electronics executives denied that they had purchased millions of TV OLED panels from LG Display, and the news of the purchase was only a rumor.