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Samsung denies termination of Apple LCD contract

 

Last updated

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.



38 Comments

smallwheels 14 Years · 584 comments

Will we need to wait until next year to know which version of this story is true? Come on Apple, make things in the USA with your $100 Billion in cash.

tallest skil 14 Years · 43086 comments

Originally Posted by Smallwheels 
Come on Apple, make things in the USA with your $100 Billion in cash.

 

Again, insanely more complicated than that.

quadra 610 16 Years · 6685 comments

Quote:
Originally Posted by Smallwheels Come on Apple, make things in the USA with your $100 Billion in cash.

 

What's the incentive?

drobforever 13 Years · 400 comments

Quote:
Originally Posted by Quadra 610 

 

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. 

nchia 18 Years · 124 comments

I had been wondering when the "denial" would come.