Last week, Samsung Display announced its plan to stop making LCD displays by the end of 2020. Now, according to insiders from Taiwan, Sharp will be supplying LCD panels to Samsung Electronics for its lineup of TVs in place of its sister company.
Sharp ditched supplying LCD panels for Samsung Electronics in 2017 when it was acquired by Foxconn, which is one of the biggest competitors of Samsung’s TV business. Since then, Samsung Display, its sister company has been providing the panels.
But now, as Samsung Display is ending its production of LCD panels to focus more on quantum dot displays, Samsung Electronics and Sharp will once again partner after over 2 years since their partnership last ended. However, this new deal is expected to only last for a short while.
According to the announcement made last week by Samsung Display, the company is no longer taking new orders for LCD panels. It will only continue to deliver the existing orders, most of which are place by Samsung Electronics. Thus, to fill in this gap, Samsung has once again roped in Sharp for the aid.
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(Via)
