LG Display to Supply OLED TV Panels to Samsung Electronic

South Korea’s LG Display Co Ltd (034220. KS) will start supplying high-end TV panels to Samsung Electronic Co Ltd (005930. KS) from as early as this quarter, three sources said, in a deal that will help the loss-making flat-screen maker turn profitable. LG Display aims to supply 2 million units next year and boost shipments to 3 million and 5 million units in subsequent years, two sources with direct knowledge of the matter said. The sources added that initial supplies to Samsung would likely be 77-inch and 83-inch white OLED (WOLED) TV panels. LG’s OLED screens are considered among the … Continue reading LG Display to Supply OLED TV Panels to Samsung Electronic