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Friday, May 25, 2007
Samsung Provides LCD Panels for Nokia

Samsung is supplying LCD panels for mobile phones for world`s No. 1 mobile phone company Nokia, for the first time.

Upon this opportunity, Samsung Electronics is expected to catch up with current No. 1 Sharp in 10" and less panel market including mobile phones.

Samsung will provide LCD for mobile phones as early as the end of this year, said Samsung.

Nokia is sharing 35% of the world`s mobile phone market by selling 350 million units a year. Since only a few companies, such as Sharp, EID, TMD, ST-LCD, and Samsung SDI, are currently supplying LCD panels for Nokia, Samsung Electronics expects to add its annual supply up to 50 million units.

Along with this, Samsung Electronics is said to supply premium mobile phone LCD panels (LTPS, Low Temperature Poly Silicon), which will be produced from this month at 4th generation line, to Apple for its new mobile phone `iPhone` which will be released in next month.

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