“Samsung Display said Monday that it will terminate its contract with Apple and no longer supply liquid crystal display (LCD) panels to its long time partner,” Cho Mu-hyun and Kim Yoo-chul report for The Korea Times. “The news comes as speculation is mounting over a rift between the two firms that have shared a long relationship in electronic components.”
“The display panel manufacturer plans to completely cut its years-long business ties with Apple as it believes its American partner is no longer a cash-generator due to the iPhone maker’s stiffer supply-chain management structure,” Cho and Kim report. “The Cupertino, California-based firm has been lowering its reliance on Samsung-manufactured displays for use in its popular i-branded devices as it is leveraging its influence to source components from Samsung’s rivals attracted by better pricing.”
Cho and Kim report, “Samsung Display was the top supplier to Apple as of the end of the first six months of this year, shipping over 15 million LCDs, followed by its biggest rival LG Display with 12.5 million and Japan’s Sharp with 2.8 million, said market research firm DisplaySearch. ‘But Samsung shipped less than 3 million to Apple during the third quarter of this year and we expect the quarterly shipment in the fourth quarter to fall to some 1.5 million,’ said the source, who is directly involved with the matter.”
“Samsung Display didn’t provide panels for Apple’s new iPad — tentatively named the iPad Mini. The new tablet will have a 7.85 inch screen, which was exclusively reported by The Korea Times in March this year,” Cho and Kim report. “‘Although we are losing Apple business, Samsung looks safe as we found the right alternatives — Amazon and Samsung Electronics’ handset division,” stressed the source.'”
Read more in the full article here.
MacDailyNews Take: Apple dumped Samsung.
Apple dumped Samsung because they lie, cheat, and steal and they should not be doing business with liars, cheaters, and thieves, as we’ve been saying for quite some time.
This Korea Times “report” is the equivalent of a girl claiming she broke up with her boyfriend on Monday after he dumped her for serial cheating a week ago.
STFU, Sammy, you lying, cheating, pitiful slut.
(And, any hopes of replacing Apple’s iPad business with Amazon’s falls firmly within the purview of the morbidly insane.)
[Thanks to MacDailyNews Reader “Joe Architect” for the heads up.]
Panasonic to exit TV market, hopes to build LCD panels for Apple’s iPad – report – October 16, 2012
Apple gets serious about reducing, eliminating orders from Samsung – October 15, 2012
Apple plots course to dump slavish copier Samsung from supply chain; looks to TSMC to stamp out processors – October 4, 2012