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Monday, October 22, 2012, 07:36 pm PT (10:36 pm ET)

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.