Will Samsung sign deal with LG over OLED purchases?
By Kim Bo-eun, Kim Yoo-chulSamsung Electronics' flag is seen at its headquarters in southern Seoul / Korea Times fileSamsung Electronics is very close to ordering between three million and four million organic light-emitting diode (OLED) TV panels from LG Display, as the world's top TV manufacturer plans to hedge its possible investment risk in OLED panels by outsourcing them, according to multiple industry sources, Monday. “Samsung Electronics is seriously considering purchasing LG Display-manufactured OLED panels for use in its second-tier TV brands. The number of TV OLED panels that Samsung Electronics will procure could be up to 4 million,” one senior industry executive said by telephone.If the deal materializes, it would be the first time Samsung has bought OLED panels from its chief cross-town rival LG Display. TVs with LG Display's OLED panels rate consistently amongst the best in terms of professional reviews.Regarding the possibility, a Samsung Electronics official said nothing has been decided yet at this moment. Samsung Electronics abandoned the OLED TV bu
