Back in April 2021 we reported that Samsung Electronics is in talks with LG Display regarding the supply of OLED TV panels. Back then it was estimated that Samsung will release its first OLED TVs before the end of 2021.
This did not happen, but recent reports from Korea suggest that the two companies will likely sign a supply agreement soon. Samsung aims to order around 1.5 million OLED TV panels in 2022 from LGD. This will enable the company to ship around 2 million OLED TVs in 2022 (as it hopes to buy 500,000 QD-OLED panels from SDC).
It will be very interesting to see Samsung finally adopting OLED TV panels, something it refrained from doing for many years (and even launched anti-OLED marketing campaigns). This will be excellent news for LG, and also for the entire OLED industry. LG has officially reached out to Samsung back in 2016, asking it to join the OLED TV race, as Korea's two largest display makers will need to compete with Chinese panel makers.