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>> TCL confirmed that it will supply OLED panels to Samsung. Will Chinese panels have a chance to beat South Korea? 24th,August,2021
TCL has officially confirmed that it will supply small and medium-sized OLED panels to Samsung. This is a huge breakthrough, because Samsung is the world's largest small and medium-sized OLED panel company. TCL's supply of OLED panels to Samsung means that its technical level is equivalent to Samsung. .
China's panel technology has greatly improved, and Samsung, the ancestor of OLED panels, had to ask Chinese companies for help
TCL Huaxing is the world's second largest LCD panel manufacturer, and the world's largest LCD panel manufacturer is BOE. These two LCD panel manufacturers control the global LCD panel market. As they gain a leading edge in the LCD panel market, they It is actively developing into the OLED panel market.
BOE has produced OLED panels before TCL Huaxing. At present, BOE has four small and medium-sized OLED panel production lines. BOE is working hard to become Apple's OLED panel supplier. It hopes to survive Apple's OLED panel supplier and prove that its technical level is equivalent to Samsung. , But it has not been able to become a reality.
Now TCL Huaxing has become Samsung’s OLED panel supplier, which shows that TCL Huaxing’s OLED panels have been technically recognized by Samsung. Competitiveness of the panel market.
China's panel technology has greatly improved, and Samsung, the ancestor of OLED panels, had to ask Chinese companies for help
The support of TCL Huaxing from Samsung also lies in the long-term close cooperation between the two parties. In the early days, TCL Huaxing received Samsung's investment when it expanded its LCD panel production capacity; last year, TCL Huaxing acquired Samsung's LCD panel production line in Suzhou, and Samsung further increased its investment in TCL Huaxing, so Samsung has obtained TCL Huaxing about 12 % Equity and became its largest foreign investor.
The cooperation between TCL Huaxing and Samsung can be described as a win-win situation.Samsung believes that it is unable to compete with Chinese panel companies in terms of LCD panel production costs and chose to close the LCD panel production line. Strategic investors can ensure the supply of LCD panels.
Samsung's use of TCL Huaxing's small and medium-sized OLED panels is quite unexpected this time. Samsung is the world's largest manufacturer of small and medium-sized OLED panels, occupying more than 70% of the market. Before 2019, it was Apple's only OLED panel supplier. In 2020, LGD will also supply OLED panels for Apple and Samsung will be Apple's largest Under such circumstances, Samsung has begun to adopt TCL Huaxing’s OLED panels, which is naturally surprising.
Perhaps in the future, as TCL Huaxing’s OLED panel production capacity expands, Samsung will also reduce its own OLED panel production capacity. After all, TCL Huaxing’s OLED manufacturing costs are still much lower than Samsung’s. The supply of OLED panels by TCL Huaxing can reduce costs and increase profits.
China's panel technology has greatly improved, and Samsung, the ancestor of OLED panels, had to ask Chinese companies for help
Chinese panel companies defeated South Korean panel companies in the lower-priced LCD panel industry, and now China has made breakthroughs in the OLED panel market, representing the success of Chinese manufacturing's transformation from low-end to high-end. Gradually get rid of low-end cheap colors.