A reliable source has now revealed that Samsung and LG are to increase the supply of W-OLED TV panels, from 900,000 to 1.1 million units. This process is said to start in the second half of 2024.
The possibility that China’s BOE will purchase LG Display’s Guangzhou LCD plant has recently emerged as a catalyst. Uncertainty arose as Samsung Electronics signed a contract with LG Display to supply LCD TV panels until 2025.
Key Details
The volume of white (W)-organic light-emitting diode (OLED) TV panels that LG Display is expected to supply to Samsung Electronics this year is expected to range from 900,000 to 1.1 million units.
It is reported that the volume of W-OLED TV panels that Samsung Electronics purchased from LG Display last year was limited to less than 50,000 units of 83-inch type 1. Last year, Samsung Electronics only received 83 inches from LG Display, which were not included in Samsung Display’s quantum dot (QD)-OLED TV panel lineup (55, 65, and 77 inches), but this year, both the lineup and volume supplied from LG Display are expected to increase. It is expected.
Two main reasons are considered to be the possibility of BOE purchasing LG Display’s liquid crystal display (LCD) plant in Guangzhou, China, and the difference in manufacturing costs between Samsung Display’s QD-OLED and LG Display’s W-OLED.
Industry insider A said, “Even if BOE purchases LG Display’s Guangzhou LCD factory, there is a high possibility that LG Display and BOE will sign a contract so that there will be no impact on the volume of LCD TV panels that LG Display is scheduled to supply to Samsung Electronics by 2025. “However, this is a factor that requires Samsung Electronics to hasten the decision to purchase LG Display’s W-OLED TV panel.” This means that only when Samsung Electronics confirms the purchase amount of W-OLED TV panels will it be able to request LG Display to promote the sale of its Guangzhou LCD plant and have its position reflected in future contracts.
