Thursday, March 23, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
U.S. Senate Puts ISP Profits Over Your Privacy
Microsoft Announces Patent License Agreement with Toyota
Facebook Introduces Message Reactions and Mentions For Messenger
CORSAIR ONE Gaming PC Released
ZTE Pleads Guilty For Selling U.S. Technology to Iran
Major Advertisers Boycott Youtube Advertising, At Least For Now
Samsung and eSilicon Taped Out First 14nm Network Processor
Now You Can Go Live On Facebook From Your Computer
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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 and eSilicon Taped Out First 14nm Network Processor
Samsung Display Is Ramping Up Production To OLEDs For Tablets
Qualcomm Forced Samsung To Use Exynos SoCs Only In Galaxy Phones
Samsung Galaxy Tab S3 To Retail For $600
Samsung's S8 to Support Facial Recognition for Payments, 1K Fps Shooter
Samsung On Track For 10nm FinFET Process Technology Production Ramp-up
Samsung SDI Showcases Powerful ESS Products At Energy Storage Europe
LG Tone Studio Wireless Wearable Is Rolling Out
Samsung's 2017 Home Entertainment Lineup Available In The U.S.
Samsung To Expand Its 10nm Semiconductor Production Lines, Innvest In New EUV Systems For 7nm
Samsung Starts Teasing With Galaxy S8 TV Ad As LG G6 's Sales Take Off
Samsung Galaxy S8 Phone Will Recognize Your Face

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .