Samsung & Sharp being friends again? 3 million TV panels are repurchased

As Samsung Display previously announced that it will close the LCD production line at the end of December 2020 and terminate the supply of all LCD products, this will bring ripple effects. According to DigiTimes, Samsung Electronic will rebuild with Sharp, and will repurchase about 3 million TV panels in the second half of the year .

Samsung & Sharp being friends again? 3 million TV panels are repurchased

we are informed that Samsung Electronics is one of the largest TV manufacturers in the world, and about 1/3 of the TV panels worldwide come from Samsung Display. In order to make up for Samsung Display ’s capacity problems, industry sources said that Samsung Electronics is the most The LCD TV panel of Sharp will be re-purchased at the end of the second quarter and the beginning of the third quarter.

In fact, the relationship between Samsung Electronics and Sharp originated from Foxconn ’s shareholding in 2016, when Sharp decided to completely suspend the supply of LCD TV panels to Samsung Electronics in 2017, and Samsung Electronics also urgently resorted to competitors to make up for the panel gap LG Display.

According to industry sources, Samsung Electronics is expected to purchase 55-inch, 60-inch, 65-inch, 70-inch, and 75-inch TV panels. It is expected to begin purchasing as soon as June. The entire second half of 2020 is expected to purchase 3 million and 2021. Years are expected to increase.
 
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