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Samsung may start producing OLED TV panels this year

By Liu Hongzuo - on 26 Apr 2016, 12:03pm

Samsung may start producing OLED TV panels this year

Image credit: Sammobile

Samsung has decided to step up their OLED efforts. According to The Verge, we may start seeing OLED television panels by Samsung in the near future. This move is likely to be spurred on by Samsung’s relative success in the mobile OLED industry.

According to Sammobile, Samsung is planning on installing manufacturing equipment for large OLED panels by Q3 2016, and it will be located in Tangjeong, South Chungcheong Province, together with an investment of 2 – 3 trillion Korean Won (S$2.36 – S$3.54 billion). Samsung is currently conducting the final tests for its eighth-generation OLED panel manufacturing technology.

Samsung now has the mobile OLED market cornered, with a market share of 95 percent, according to the same report. Samsung also allegedly clinched a deal with Apple by becoming the main supplier for OLED panels for future iPhones. Chinese smartphones companies such as Vivo, Xiaomi, and Huawei are rumored to source for Samsung’s dual-edge displays for their own units as well.

LG has not been idle when it comes to OLED displays in general. LG is also manufacturing OLED panels for iPhones, and they have been aggressive in bringing more mobile OLED panels. Late last year, LG decided to build an OLED production line in Paju, Gyeonggi Province, to the tune of 1.5 trillion Korean Won (S$1.77 billion) in investments. The production line is scheduled to include small-sized flexible OLED panels.

Source: Sammobile via The Verge