BOE Chairman visits Samsung after OLED dispute β Whatβs next
Chen Yanshun, the chairman of Chinaβs BOE Technology Group, visited South Korea to meet with Samsung Electronics officials in Seoul. The meeting follows a legal dispute between BOE and Samsung Display over OLED technology, which was settled in favor of Samsung.
As per the information via Yonhap, Chen Yanshun met with Yong Seok-woo, head of Samsungβs Display Business, at the companyβs headquarters in Suwon. The main topic of discussion of this two-day trip was boosting BOEβs supply of LCD panels to Samsung.
At present, Samsung buys all of its TV display panels from Chinese companies. The talks suggest that the two firms are looking for ways to work together more closely in the future, even after their legal dispute.
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Earlier this year, the US International Trade Commission (ITC) issued a preliminary ruling that could have stopped BOE from sending OLED panels to the United States for over 14 years. The settlement has now cleared the way for both companies to move forward without a long legal battle. It had caused tension.
But now Chenβs visit is a positive sign for business relations between BOE and Samsung. Even after the legal dispute, BOE and Samsung are finding ways to collaborate and grow together. By expanding LCD panel supplies, both companies could benefitΒ and help them stay competitive in the global display market.
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