LG Display to start providing Samsung with LCD panels from July
LG Display CEO Han Sang-beom has hinted that the company could start supplying LCD panels to Samsung Electronics from as early as July this year. The two firms have allegedly been in discussion about supplies since Sharp notified Samsung in November 2016 that it would be unable to keep up with demand while it upgrades its manufacturing technology.
“Nothing has been set in stone, regarding the supply schedule. I can’t give the exact time frame but it will be safe to say the supply can take place in the early second half,” Sang-beom is reportedly told The Investor after he attended a general meeting of the Korea Display Industry Association (KDIA) that took place in Seoul, South Korea on Monday, February 20.
Last year, LG Display provided Samsung with an estimated 5 million LCD screens, but sources have revealed that the firm has increased orders to some 6 million units for 2017. To help fill the void, it’s also increased supply from affiliate Samsung Display (at the risk of declining orders from other TV manufacturers, like Sony) and called in help from China’s BOE and Taiwan’s AUO.Join the Discussion