Samsung to start buying OLED panels from LG for its TVs
Samsung may be a big TV manufacturer, but it doesn't do OLED TVs since 2015. The company bet on its QLED panels, which are far closer to LCD panels in terms of both cost and quality. The company is also rapidly developing its microLED tech, which is seen as superior to OLED in terms of image quality, but still prohibitively expensive and only available in the largest diagonals.
It now seems Samsung is looking to buy more time for the microLED tech to mature and will look to cover the premium market with OLED TVs. And the company has turned to LG to achieve this.
According to Reuters, Samsung and LG struck a deal in which the latter will deliver 2 million 77 and 83-inch high-end OLED panels in 2024, 3 million in 2025 and 5 million in 2026. As of now, about 50% of the OLED TV market is held by LG, while Sony gets 26%. And Sony sources its panels from LG as well.
Part of the reason why Samsung is making such a drastic shift in its strategy is probably due to the Chinese fierce competition in the LCD segment along with Samsung's not-so-great Q1 2023.
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Reader comments
- Mampara
- 04 Jun 2023
- fjG
Samsung should expand its QD OLED to more sizes like 40 inch and 50 inch sizes for bedrooms. Its Neo Qled is great especially 2023 models.
- Sam N8 808 owner
- 23 May 2023
- X@9
I'm not getting a single non smart TV online on Amazon and Flipkart. Offline there are, but they compromise on features.
- Sam N8 808 owner
- 23 May 2023
- X@9
I'm not getting a single non smart TV online. Offline there are, but they compromise on features.
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