Samsung has long been sourcing LCD panels from Sharp but it has had to make an abrupt change to the supply chain. Foxconn acquired Sharp last year and soon after that, the Japanese company informed Samsung that it will stop supplying the Korean company with LCD panels. Since then, Samsung has been looking for other suppliers and reports have suggested that it’s going to source LCD panels from LG Display. LG’s display affiliate is expected to start supplying Samsung with LCD panels by July this year.
LG Display CEO Han Sang-beom hinted earlier today that the company might be able to start supplying LCD panels to Samsung from July this year. The companies have been in talks about this since last year when Sharp notified Samsung in November that it would stop supplying it with displays.
“Nothing has been set in stone, regarding the supply schedule. I can’t give the exact time frame but it will be safe to say the supply can take place in the early second half,” the LG Display CEO told a local news outlet.
Samsung has reportedly leaned on its own display affiliate, Samsung Display, to increase the supply of LCD panels. It’s also said to be asking for help from other suppliers such as China’s BOE and Taiwan’s AUO.
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