BOE became a major panel supplier to Samsung Electronics

time:2022-03-21 20:39   view:556

      According to South Korean media reports, according to an electronic report by the South Korea's Financial Regulatory Authority, Samsung Electronics added BOE to one of the three major display panel suppliers in the consumer electronics (ce) sector, and the other two suppliers are Huaxing Optronics and Au Optronics.BOE surpassed lg display in 2018 to become the world's largest lcd manufacturer.

      To accelerate the transition to the next generation of qd-oled panels, Samsung Display decided to stop producing large lcd panels starting in early 2021.In March 2021, Samsung stopped producing l7 production line in Zhongshan campus with large LCD panels; in April 2021, it sold the eighth generation LCD production line of its factory in Suzhou, China.

      In response, industry insiders said that Samsung's withdrawal from the lcd business has weakened Samsung Electronics's bargaining power in negotiations with Chinese manufacturers.In order to enhance the bargaining power, Samsung Electronics is increasing the purchase volume of Au Optoelectronics and Qunchuang Optoelectronics in the Taiwan, China region, but this is not a long-term solution.

      Samsung Electronics' TV panels prices have nearly doubled over the past year.Samsung Electronics reported in its business that it spent 10.582.3 billion won on display panels in 2021, up 94.2 percent from the previous year (5.448.3 billion won).Samsung Electronics explained that the main factor in the increase was the rising price of LCD panels, which rose about 39 percent in 2021.To solve this dilemma, Samsung accelerated its shift to an oled-based TV.Samsung Electronics is in talks with Samsung Display and lg display about the oled TV launch, the report said.The lg display now produces 10 million TV panels a year, and Samsung monitors began mass production of large oled panels at the end of 2021.

      Chinese panel makers are also vigorously developing large oled panel technology, but have not yet reached mass production, industry insiders said.

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