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Universal Display Corp. Message Board

  • uplinvestor uplinvestor Jun 24, 2014 6:13 AM Flag

    Panasonic in talks with LG to purchase OLED TV panels, says report

    Panasonic is reportedly in talks with LG Display about purchasing OLED TV panels sized 55-inch and above, according to a Chinese-language Sina News Taiwan report.

    The report said Sony is showing interest in purchasing OLED TV panels from LG as well. The report did not state when either vendor would release OLED TVs, but that both are highly considering the technology as part of their new TV lineups.

    Both Panasonic and Sony have ended their own in-house OLED TV panel development but have not ruled out the possibility of releasing OLED TVs, the report said.

    The report cited industry analysts stating that the purchases from Panasonic and Sony would be significant for LG's efforts to make OLED TV technology more widespread in the market

    Sentiment: Strong Buy

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