Samsung’s plan to build cheaper OLEDs with rival LG’s panels has hit the rocks

Earlier this year, we reported rumors that Samsung was getting cold feet over a potential new range of Samsung OLED TVs built with LG panels. It now seems as if the wedding is officially off after LG has confirmed that negotiations have come to an impasse.

During a Q2 earnings conference call this week, Kim Sung-hyun, CFO at LG Display, is reported by Korea Bizwire (opens in new tab) to have said, “Our new client (Samsung Electronics) had sought to use our OLED panels. While there had been some progress, the process has come to a halt at the moment.”

Leave a Comment

Your email address will not be published.