Samsung is planning to terminate its contract with Apple and stop supplying LCDs to the company, according to the Korea Times.
The display panel manufacturer plans to completely cut its years-long business ties with Apple as it believes its American partner is no longer a cash-generator due to the iPhone maker’s stiffer supply-chain management structure.
The Cupertino, California-based firm has been lowering its reliance on Samsung-manufactured displays for use in its popular i-branded devices as it is leveraging its influence to source components from Samsung’s rivals attracted by better pricing.
“We are unable to supply our flat-screens to Apple with huge price discounts. Samsung has already cut our portion of shipments to Apple and next year we will stop shipping displays,” said a senior Samsung source, asking not to be named, Monday.
Notably, the report says Samsung did not supply any displays for the new iPad mini.
“Although we are losing Apple business, Samsung looks safe as we found the right alternatives -- Amazon and Samsung Electronics’ handset division,” stressed the source.
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The display panel manufacturer plans to completely cut its years-long business ties with Apple as it believes its American partner is no longer a cash-generator due to the iPhone maker’s stiffer supply-chain management structure.
The Cupertino, California-based firm has been lowering its reliance on Samsung-manufactured displays for use in its popular i-branded devices as it is leveraging its influence to source components from Samsung’s rivals attracted by better pricing.
“We are unable to supply our flat-screens to Apple with huge price discounts. Samsung has already cut our portion of shipments to Apple and next year we will stop shipping displays,” said a senior Samsung source, asking not to be named, Monday.
Notably, the report says Samsung did not supply any displays for the new iPad mini.
“Although we are losing Apple business, Samsung looks safe as we found the right alternatives -- Amazon and Samsung Electronics’ handset division,” stressed the source.
Read More