Reuters exclusively reported that flat-screen maker LG Display is in a deal to supply high-end TV panels to Samsung Electronics in a deal that would help the South Korean firm turn profitable. For Samsung, the world’s largest TV vendor, the deal highlights how it is looking to expand in high-end organic light emitting diode (OLED) TV as competition heats up in the lower end with Chinese vendors. Samsung has been slower than major rivals to embrace OLED TVs, arguing the technology is more suited to small devices, partly due to the high cost of panels.
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