Report: Samsung to terminate Apple LCD contract

Updated

Samsung Display will terminate its existing LCD supply contract with Apple, reports The Korea Times. A senior Samsung source said the company has already reduced its LCD shipments to Apple, and will stop shipping displays entirely next year. Samsung — which no longer believes Apple is a “cash-generator” due to its rigid supply chain structure — plans on shipping more displays to its company’s own handset division, and to Amazon. This move follows a recent report that Apple plans to stop using Samsung’s technology in its devices.

Updated Oct. 23: According to CNET, Samsung is refuting The Korea Times report. A Samsung spokesman said, “Samsung Display has never tried to cut the supply for LCD panels to Apple.”

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Phil Dzikiy

Phil Dzikiy was the Editor-in-Cheif at iLounge. He mostly edited and oversaw all site editorial content, managed staff and freelancers, made the final call on product review grades and awards, and led online coverage of all Apple events and live coverage of the International CES in 2015.