BOE will receive a large order, Samsung and LG will purchase 100-inch panels
Samsung Electronics is considering launching a 100-inch Mini LED TV in partnership with BOE. The plan is to reduce panel procurement prices by diversifying the supply chain. According to industry insiders on March 10, Samsung Electronics is studying whether to use BOE's liquid crystal display (LCD) panels on its 100-inch "Neo QLED" TV. Previously, Samsung Electronics had purchased panels from HKC Electronics for its upcoming new 100-inch Neo QLED products. Samsung Electronics' use of BOE's 100-inch panels is an inevitable choice. Since the number of companies producing LCD panels of this size is limited, multiple suppliers must be used to reduce panel procurement prices. Whether the two companies will reconcile has attracted attention. BOE filed an LCD patent infringement lawsuit against Samsung Electronics and Samsung Display in May 2023. The dispute escalated further as Samsung fought back. Samsung Electronics has drastically reduced the proportion of BOE panels used in smartphones and TVs, and has made plans to reduce it to "0 (zero)". BOE's share of Samsung Electronics' TV panels is currently low, but it is likely to rise again over time. Samsung Electronics needs to increase its share of ultra-large-size TVs to counter China's offensive. TCL and Hisense both have Mini LED TV product lines larger than 100 inches. Japan's Sony is also preparing to challenge this. It is reported that the company plans to launch a 100-inch Mini LED TV as early as the end of this year and at the latest in the first half of next year.
This year, the competition for TVs larger than 100 inches is very fierce. Samsung Electronics has not only launched a 100-inch Mini LED TV, but also a 115-inch product. This product uses panels from Huaxing Optoelectronics. Huaxing Optoelectronics is the only company that can produce 115-inch LCD panels. Industry insiders said, "Samsung Electronics is currently evaluating whether to use BOE's 100-inch LCD panel in its Mini LED TV, which is likely to be supplied within the year." LG Electronics will also soon launch a 100-inch LCD QNED TV. The company mainly uses BOE's panels to produce TVs. Because BOE has advantages in IPS (plane switching) LCD, LG Electronics favors the company's panels. This year, the company plans to launch a 100-inch QNED TV, and next year it plans to receive panels from Huaxing Optoelectronics to launch a 115-inch TV.
