Home / Samsung / Bloomberg : LG Display Said to Reach LCD Panel Supply Pact With Samsung

Bloomberg : LG Display Said to Reach LCD Panel Supply Pact With Samsung

as declared in

LGDisplay and Samsung reiterated comments from earlier this month that they are in talks on LCD supply without elaborating.
LG Display — a fierce rival to Samsung — stands to become the biggest beneficiary as TV customers demand bigger-sized LCD screens.
Sharp’s decision to stop LCD supply has triggered a dispute.
LG will supply as many as 3 million LCD panels to Samsung this year, one of the people said.
Supply may remain tight well into next year, benefiting LG Display and other panel makers, said Chung Won-suk, an analyst at HI Investment & Securities Co. in Seoul.

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LCD TV Panel Supply: Samsung Electronics Seeks $492M Damage Claim against Sharp

LCD TV Panel Supply: Samsung Electronics Seeks $492M Damage Claim against Sharp

In September last year, Sharp signed a contract to supply 6 million LCD TV panels to Samsung Electronics starting from this year.
It has been found that Samsung Electronics filed a compensation suit against three Japanese liquid crystal diode (LCD) panel manufacturers including Sharp.
The three Japanese companies including Sharp, which Taiwan-based Hon Hai acquired last year, unilaterally gave Samsung notice of halting the panel supply in December last year.
In the meantime, Samsung is known to have tried to fill up the blank with the panels from LGDisplay.
Japan-based JiJi Press reported on January 20 that Samsung Electronics filed an arbitration request with the International Chamber of Commerce (ICC) in New York to seek US$492 million (approximately 600 billion won) for damages that resulted from the Japanese companies’ halting LCD TV panel supply to the Korean IT giant.

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Samsung Forced To Buy LCD TV Panels From LG, Says Report

Samsung Forced To Buy LCD TV Panels From LG, Says Report

It comes as a major surprise, therefore, to hear today via Bloomberg that Samsung has apparently signed up to buy LCD TV panels from its arch rival.
– are on record as tending to be pretty underwhelmed by the performance of TVs that are built around IPS panels.
IPS in a Samsung TV?
The thing is, LGDisplay makes LCD panels that use so-called IPS technology, whereas Samsung has not only traditionally used the rival VA type of LCD screen, but also been pretty vocal in disparaging IPS panels on account of their problems delivering a good contrast performance.
Even so, Samsung’s decision to turn to LG Display really is startling – and not just because of the heightened state of rivalry between the two brands.

collected by :Molly Tony

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