Samsung had to turn to LG because of the decision of Sharp to stop the supply of LCD panels for TVs
According to the source, Sharp, more recently, two-thirds owned by Foxconn notified of Samsung Electronics that stops the supply of liquid crystal displays for the Korean giant from next year.
What is the time next year is unknown, but it is reported that Samsung had urgently to contact LG Electronics, so that soon LG will supply for Samsung LCD screens. It is worth noting that we are talking about displays for TVs.
Sharp Samsung shipped annually 4-5 million units of such products, which accounted for about 10% of the required volume Samsung. The volume of sales, Sharp are at the level of about 10 million panels a year, or about half of the products purchased one Samsung. The rejection of the sales volume of such products, according to analysts, indicates a desire Foxconn to develop its television business.