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LG Display says in talks with Samsung Electronics on supplying LCD TV panels

Published 05/01/2017, 01:22
© Reuters. FILE PHOTO: A man examines LG Electronics' double-faced and curved OLED TV during Korea Electronics Show 2016 in Seoul, South Korea
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SEOUL (Reuters) - South Korea's LG Display Co Ltd (KS:034220) was in talks with Samsung Electronics (LON:0593xq) Co Ltd (KS:005930) about a supply agreement for television display panels, LG Display Chief Executive Han Sang-beom said.

The executive told reporters on the sidelines of the CES trade show in Las Vegas on Wednesday that no specifics have been agreed to and that it would be difficult to supply Samsung with panels even if a deal was reached during the first half of 2017, due to the time required to develop products requested by Samsung and ensure supply to other customers was not disrupted.

© Reuters. FILE PHOTO: A man examines LG Electronics' double-faced and curved OLED TV during Korea Electronics Show 2016 in Seoul, South Korea

(The story corrects 2nd paragraph to say LG Display CEO spoke on Wednesday, not Thursday)

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