Tuesday, 23 October 2012

Samsung says it's still supplying LCD panels to Apple

Samsung refuted claims that its display business plans to end its LCD panel supply agreement with Apple, saying the report from Korean Times was incorrect.Samsung source, said Samsung was taking the step by the end of this year because it "believes its American partner is no longer a cash-generator due to the iPhone maker's stiffer supply-chain management structure".A Samsung spokesman said that the Korea Times post was 100 percent false.
"Samsung Display has never tried to cut the supply for LCD panels to Apple," the spokesman said.

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