On February 14, according to the industry, BOE was selected as the supplier of organic light-emitting diode (OLED) panel for Galaxy Watch 6, which was listed by Samsung Electronics in the second half of this year, and is expected to supply the panel in the second quarter.
According to the analysis, in order to improve the profitability of the Galaxy Watch 6 and minimize the rise in the outbound price, Samsung Electronics chose to cooperate with BOE. However, the number of panels supplied by BOE to Galaxy watches is not large, and it is expected to supply hundreds of thousands of panels this year. The Galaxy Watch 6 is expected to be available in August this year.
It is reported that BOE once provided OLED panels for Samsung Electronics Galaxy Watch Act, which was listed in 2019.
Last year, BOE also supplied OLED panels for Samsung's Galaxy A73 smartphone. This year, the penetration rate of BOE will be higher than last year.
It is reported that Samsung Electronics has significantly reduced the number of smart phone panel orders of BOE this year, which is related to the failure of Samsung Electronics in its low-end mobile phone business.
This year, Samsung Electronics canceled the launch of the Galaxy A74, the successor model of the Galaxy A73. In addition, the launch time of some low-end mobile phone products of Samsung Electronics may be adjusted.
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