LG Display Said to Reach LCD Panel Supply Pact With Samsung
- LG said to score the deal after Sakai Display pulled out
- Samsung, the world’s largest TV maker, is adding suppliers
Attendees take photographs with mobile devices while standing under a tunnel wall of LG OLED 4K TVs during the 2017 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Thursday, Jan. 5, 2017. CES, celebrating its 50th year, will showcase self-driving cars, TVs, drones, robots and a slew of other gadgets.
Photographer: Patrick T. Fallon/BloombergLG Display Co. has scored a deal to supply television displays to rival Samsung Electronics Co. from as soon as this year, people with direct knowledge of the matter said.
LG Display, a major supplier of panels to Apple Inc., will replace a venture between Sharp Corp. and Foxconn Technology Group as a supplier to the world’s biggest TV maker, said the people, who asked not to be identified because details of their agreement haven’t been released. LG Display and Samsung reiterated comments from earlier this month that they are in talks on LCD supply without elaborating.