LG Display Began Supplying OLED Panels To Hisense From The Second Quarter
- Jun 11, 2018 -

According to Yonhap News, according to industry sources, Korean panel maker LG Display began supplying OLED display panels to Chinese color TV company Hisense from the second quarter.

Hisense is the number one TV manufacturer in China and supplies OLED panels to it, which is expected to help LG Display increase its revenue.

Hisense may start selling HDTVs using LG Display's OLED panels in the third quarter.

According to data from IHS Markit, a market research organization, global OLED TV shipments have soared to 602,000 units in the first quarter of this year, compared with 287,000 units during the same period last year.

According to the agency's data, global OLED TV shipments are expected to increase to 673,000 units in the second quarter, and it is expected to reach 743,000 units in the third quarter, with shipments expected to reach 804,000 units in the fourth quarter.