Samsung and LG has been in talks since Sharp revealed to Samsung that it would be cutting down its supply of LCD displays for Samsung’s TVs, Sharp is in the process of refurbishing its manufacturing facilities.
The two companies have now apparently reached an agreement and LG will start to supply Samsung with LCD panels from July.
Samsung and LG are rivals in the TV market and this will be the first time that LG have supplied Samsung with displays for its LCD TVs.
Samsung is also getting some of its displays from other companies like Sony who are now supplying Samsung with around 5 million panels a year.
Source The Investor, GSM Arena
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