Samsung has announced on Monday that it would stop the existing agreement with Apple and it will terminate the supply of (LCD) liquid crystal display panels, The “Korea Times” a leading news paper reported.
Samsung the leading (LCD) liquid crystal display panel maker plans to totally cut its long big business ties with Apple Company as its American electronic partner is no longer a big money-generator due to the Apple’s stiffer supply management structure.
Samsung electronics a leading Korean electronics maker is planning to counterbalance the loss of American electronics top firm as a client by selling additional displays panels to its own devise division, as well as vendor like Amazon, which sells the Android OS 4.0 based Kindle Fire HD tablets.
The transformation will be a major unexpected result in Apple’s supply chain management system, as the iPad manufacturer bought about 15million liquid crystal display panels from Samsung in the first half of 2012. That made Korean company “Samsung” the leading LCD provider to Apple Company, topping LG’s 12.5million & Sharp’s 2.8million liquid crystal display panels.
Samsung allegedly shipped about 3million LCD panels to Apple in the third quarter of year 2012. In the present fourth quarter, The Korean company’s shipments are probable to go down to just 1.5million LCD panels.
Tensions between the two firms arise, when American electronic giant sued Samsung & accused the Korean company of copying its products.
Samsung’s clear plan to stop shipping LCD display panels to Apple Firm comes after a file indicated that the digital agency has turn out to be very “critical” about shifting its chip primarily based manufacturing faraway from Korean firm.