The BOE has been included in the list of LCD main suppliers by Samsung Electronics

According to the Korean media businesskorea, according to the information submitted by Samsung Electronics to the Korean Financial Supervisory Authority, the top three panel suppliers of its consumer electronics business unit in 2021 are China’s BOE, China Star Optoelectronics and Taiwan’s AUO, respectively. Among them, BOE is the first to join the ranks of major suppliers.

As early as 2018, easily surpassed LG Display to become the world’s largest LCD panel manufacturer.

At the beginning of 2021, Samsung Display decided to stop the production of large LCD panels from 2022 to accelerate the upgrade to the 8th generation Quantum Dot (QD) panel. The market rush has led to a sharp drop in the price of large LCD panels.

According to Sigmaintell’s “supply and demand model”, the global LCD TV panel supply and demand ratio was 6.2% (area benchmark) in the first quarter, maintaining a loose supply. In terms of size, 32″ will gradually become balanced; the supply of medium and large size panels above 43″ will continue to be loose, and the price will maintain a downward trend.

Specifically, the price of 32″ products is expected to maintain a slight downward trend of US$1 from January to February; the price of 43″ products is expected to maintain a decline of US$2 from January to February; the price of 50″ products is expected to decline from January to February. To less than 5 US dollars; 55″ product supply is loose, and it is expected that the price will maintain a decline of about 5 US dollars from January to February.

In terms of large sizes, weak demand and continued excess supply are expected to maintain a drop of nearly 10 US dollars in January, and it is expected that the price drop in February will be narrowed to 5 US dollars.

It is not difficult to find that the price reduction trend of each size segment has not stopped, but the price reduction has slowed down. Ovi Ruiwo pointed out that on the demand side, the demand for medium and large size panels is relatively sluggish, and the brand’s willingness to pull goods is weak; on the supply side, the large size inventory is high, the overall supply is loose, and the strengthening of stocking at the end of the year makes the price decrease narrow.

It is reported that Samsung Display’s L8-2 production line in Asan, South Korea is the only remaining LCD panel production line. According to Korean media reports, Samsung Display has advanced the production shutdown plan from the end of 2022 to June, and will completely withdraw from the LCD business after negotiating with Samsung Electronics.

Industry insiders bluntly said that Samsung Display’s withdrawal from the LCD business has weakened the bargaining power of Samsung Electronics and Chinese panel manufacturers. In order to improve its bargaining power, Samsung Electronics is expanding the purchase of panels from Taiwan’s AUO and Innolux, but industry insiders believe that this is not a long-term solution.

Samsung Electronics’ TV panel prices have nearly doubled in the past year. Samsung Electronics Business reported that the company purchased 10,582.3 billion won in 2021. This is a 94.2% increase from the previous year (5,448.3 billion won). The main factor behind the growth is the rising price of LCD panels. Samsung Electronics explained that the price of TV panels in 2021 will increase by about 39% year-on-year.

According to industry insiders, one solution for Samsung Electronics is to accelerate the transition to OLED-based TVs. Chinese panel makers are actively investing in the development of large-scale OLED panel technology, but have not yet reached the mass production stage.

Samsung Electronics is negotiating the release of OLED TVs with Samsung Display and LG Display, the only company that mass-produces large OLED panels. It can produce 10 million TV panels a year. Samsung Display will begin mass production of large OLED panels in late 2021. Two Korean OLED panel makers use white (W) and blue (B) light sources, respectively.



recommend products

Exquisite and fashionable rental LED display box, creating a lovely picture

The RS series is an LED rental display specially designed for the course

Outdoor large screen advertising is always indispensable outdoor LED display participation

The transparent display of the TS series is more power efficient

Contact Us


+86 13510025900

Songbai Road, Shiyan, Baoan District, Shenzhen, Guangdong, China.

Hola LED

Small spacing LED display vs mini LED display

According to the LED Industry News, from February this year to now, a large amount of funds have been invested in the field of Mini LED display and micro LED display and the LED related industry chain. In the field of small LED display, people often ask about the difference

Read More »

OLED and Micro Mini LED Analysis

Advantages and disadvantages of OLED compared to traditional LCD screens Do “thin”, do “bend”. Since OLED does not require a large-area backlight layer and liquid crystal layer, it has a natural advantage over LCD in thickness and can be extremely thin, which is also in line with the current needs

Read More »