Samsung Display to terminate its contract with Apple Next year

22 October, 2012 Samsung

Samsung

 

Samsung is still the largest Apple screen supplier, with the first six month of this year alone shipping 15 million panels to One Infinite Loop. The second half of the year saw a dramatic decrease, though, said the source: "Samsung shipped less than 3 million to Apple during the third quarter of this year and we expect the quarterly shipment in the fourth quarter to fall to some 1.5 million."

 

Samsung Display

 

Now all this seems to be coming to an end, as one unnamed Samsung Display exec allegedly said his company will be terminating the contract with Apple next year, due to the changed relationship with suppliers Cupertino is imposing the price per pixel from the iPad 2 to the new iPad has fallen more tahn twenty times for suppliers. Here is the official's statement:

 

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

 

 

 

Update [23/10]: It should be noted that a Samsung spokesman has denied this story. Although the denial is couched in the past tense, not the future. That Samsung has not tried to cut Apple supplies, rather than it will not try to. Up to you how you take that. That's mean that Samsung didn't cut the supplies from Apple, but they won't renew their contract either.

 

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