LGD says the negotiations with Samsung over a WOLED supply agreement have stopped

LG Display's CFO, Mr. Kim Sung-hyun, said that the negotiations with Samsung Electronics towards a WOLED panel supply deal, has been halted. The companies made some progress over the past few months, but they haven't been able to reach an agreement.

Earlier this year it was reported that the two companies finally agreed on panel prices, but that report may have been incorrect. According to analysts, the two companies still may resume the talks in the near future.

Posted: Jul 28,2022 by Ron Mertens