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Technology Stocks : OLED Universal Display Corp
OLED 119.14+5.7%3:59 PM EST

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To: Ravid.Ron who wrote (26113)6/20/2021 11:49:49 PM
From: Ravid.Ron3 Recommendations  Read Replies (2) of 27614
 
Samsung Electronics “Reports on OLED panel procurement contract with LG Display are groundless”
2021-06-21 12:06:06

Samsung Electronics denied the possibility of procuring OLED panels from LG Display.

A Samsung Electronics official said on the 21st, "Some reports that LG Display has signed an OLED panel procurement contract are groundless."

On the same day, Asia Economy said, “Samsung Electronics is planning to sign a supply contract with LG Display to supply 2 to 3 million OLED panels per year from next year to 2024.” “As early as this week (20-26), Han Jong-hee Samsung Electronics It is known that the president of the video display business division will make the announcement directly.”

The Asian economy predicted that Samsung Electronics would sign an OLED panel procurement contract with LG Display to enter the OLED TV market.

Samsung Display, a subsidiary of Samsung Electronics, is preparing for mass production of large-scale quantum dot OLED (QD-OLED) panels, but it takes time to stabilize the initial yield.

An LG Display official said, "I don't know anything about the content of the OLED panel supply contract with Samsung Electronics."

The purchase decision seems to be true, but...tracking news more.
businesspost.co.kr
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