Tuesday, November 25, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sony To Provide Refunds To Users Over Misleading Ads For PlayStation Vita
Blu-ray Movie Discs Used As Templates For Improving Solar Cell Performance
PC Outlook Remains Cautious
Trade Your iPhone for BlackBerry Passport And Get $550
GreatFire.org Unblocks BBC Chinese
Samsung Introduces EYECAN+ Mouse for People with Disabilities
T-Mobile To Disclose More Information Related To Consumers Using Mobile Speed Tests
Toshiba Develops Low-bitrate SHVC Encoding Technique For Efficient HD to 4k Conversion
Active Discussions
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
 Home > News > Consumer Electronics > Samsung...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, May 17, 2008
Samsung, LG to Cross-Purchase LCD Panels


Samsung Electronics and LG Electronics have agreed for the first time on a cross-purchasing deal for LCD panels for televisions.

The world's first and second makers of LCD panels are expecting to take advantage of each other investments in different LCD product lines in order to offer their customers a wider variety of LCD panel sizes.

Under the deal, Samsung will buy 37-inch LCD panels from LG Display, a subsidiary of LG Electronics, while LG will buy 52-inch panels manufactured by Samsung.

The two companies are also exploring a cross-purchasing system in which Samsung Electronics' LCD division and LG Display's panel division would buy each other's LCD modules and cells on a regular basis.

The 37-inch LCD panels are currently manufactured only by LG Display and Taiwanese firms such as Au Optronics Corporation and Chi Mei Optoelectronics. Samsung had been sourcing all of its panels of this size from the Taiwanese firms, while LG Electronics had imported 34 percent of its 52-inch panels from Taiwan.

The deal is expected to be finallized in June. Without any doubt, the deal between the two S. Korean "rivals" is benefiting Taiwanese firms.

In related news, LG Display plans a massive plant expansion by investing 1 trillion won (US$957.4 million) to increase production at its plant, the company said on Thursday.

The output of the plant will be raised to 230,000 panels a month from the current 170,000, with the increase to be mostly used for the production of monitors for desktop and laptop computers.


Previous
Next
WD Offer sexternal Hard Drive For Dish Network Customers        All News        '$100 laptop' to Run Windows
The Worldwide Market for 100/120 Hz TVs to Grow from 3.6 Million in 2007 to 39.3 Million in 2012     Consumer Electronics News      Toshiba to Release Flagship RD-X7 DVD Recorder in Japan

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung Introduces EYECAN+ Mouse for People with Disabilities
Samsung to Phase Out Mobile App Service
Samsung Files ITC Complaint Against Nvidia
Samsung Loses Bid Against Microsoft
AT&T and LG Collaborate On Connected Cars
Samsung To Offer More Affordable Phones In 2015
Samsung To Make Future Application Processors For Apple: report
Samsung Opens Pre-orders For Black Friday Deals
Samsung Challenges Apple iBeacon With Proximity
LG Electronics to Bring Bendable Screens To Future Smartphones
Samsung Introduces Gear VR Innovator Edition, 3D capturing Project, New Advanced S Pen, SIMBAND Fitness Wearable
Samsung To Use New UFS memory In Upcoming Flagship Smartphone

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .