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LG Display may become supplier to Samsung

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  • LG Display may become supplier to Samsung

    LG Display may become supplier to Samsung
    Michael McManus, DIGITIMES, Taipei [Wednesday 22 February 2017]
    LG Display may begin supplying LCD TV panels to Samsung Electronics in the second half of 2017 amid ongoing tight supply in the large-size TV panel industry.

    The Korea Herald is reporting that LG Display has recently received increased inquiries for TV panels from Samsung and LG Display CEO Han Sang-beom has implied that LG could become a possible supplier for Samsung early in the second half of the year, although the CEO added that nothing was set in stone.

    LCD TV makers have faced tight panel supply since the second half of 2016, with panels prices jumping more than 50% in some segments, according to Digitimes Research. At the end of 2016, large-size panel maker Samsung Display also started shifting a significant portion of its L7-1 LCD production line to AMOLED panel production line for producing smartphone panels and Foxconn decided to not have Sharp provide TV panels to the Korean vendor.

    Via: http://www.digitimes.com/news/a20170222VL204.html
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