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Monday, October 22, 2012, 10:36 pm
Samsung denies termination of Apple LCD contract
A Samsung spokesman on Tuesday Korea local time refuted a report by The Korea Times that claimed the company would no longer be producing LCD screens for Apple products starting in 2013.According to CNET, the spokesman said Monday's Korea Times report was "100 percent false," and noted that Samsung has requested the publication to revise its story.
"Samsung Display has never tried to cut the supply for LCD panels to Apple," the spokesman said.
The initial report gained traction as Apple has been weaning off Samsung-sourced components, most recently evidenced by the cutting of NAND flash orders bound for the first batch of iPhone 5 shipments. Samsung, which supplied Apple with 15 million LCDs in the first six months of 2012, reportedly shipped only 3 million LCDs to Apple in the third quarter and is expected to drop that number down to 1.5 million in the fourth quarter.
Samsung was previously the only company able to produce the high resolution Retina displays Apple uses for its third-generation iPad, but LG and Sharp both joined the supply chain months later.
Apple is expected to debut a small format iPad, dubbed the "iPad mini," at a special event on Tuesday, and reports point to LG and AU Optronics as being the main providers of those panels.
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Previous Comments View All
Come on Apple, make things in the USA with your $100 Billion in cash.
Again, insanely more complicated than that.
Come on Apple, make things in the USA with your $100 Billion in cash.
What's the incentive?
What's the incentive?
That's exactly the problem. Every big company is asking for a 'handout' before willing to move jobs back from overseas. Why can't these big companies, earning huge profits, just do it?
I say the US should just cut all the military overseas, so these companies cannot get protection from the military and then they'll know the true cost of operating overseas. Then they'll know it's actually a BARGAIN to have plants here in the US.
I had been wondering when the "denial" would come.
I say the US should just cut all the military overseas, so these companies cannot get protection from the military and then they'll know the true cost of operating overseas.
Uh, what? Do you really think that the ability of the US military to come knocking on the door a few minutes later REALLY has anything to do with companies and manufacturing?
What's the incentive?
That's exactly the problem. Every big company is asking for a 'handout' before willing to move jobs back from overseas. Why can't these big companies, earning huge profits, just do it?
I say the US should just cut all the military overseas, so these companies cannot get protection from the military and then they'll know the true cost of operating overseas. Then they'll know it's actually a BARGAIN to have plants here in the US.
The oil companies would never allow that.
'weening off?' 
'weening off?'
People peeing left and right! It's madness!
That's exactly the problem. Every big company is asking for a 'handout' before willing to move jobs back from overseas. Why can't these big companies, earning huge profits, just do it?
Huge profits were made by farming out cheap labour overseas.
You'll never get Americans to work for so little, which means lower profit margins for companies.
And if you think Apple products are priced high now, imagine what they'd be if they were built in America.
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Come on Apple, make things in the USA with your $100 Billion in cash.