Samsung denies termination of Apple LCD contract
A Samsung spokesman on Tuesday Korea local time refuted a report by The Korea Times that claimed the company would no longer be producing LCD screens for Apple products starting in 2013.
According to CNET, the spokesman said Monday's Korea Times report was "100 percent false," and noted that Samsung has requested the publication to revise its story.
"Samsung Display has never tried to cut the supply for LCD panels to Apple," the spokesman said.
The initial report gained traction as Apple has been weaning off Samsung-sourced components, most recently evidenced by the cutting of NAND flash orders bound for the first batch of iPhone 5 shipments. Samsung, which supplied Apple with 15 million LCDs in the first six months of 2012, reportedly shipped only 3 million LCDs to Apple in the third quarter and is expected to drop that number down to 1.5 million in the fourth quarter.
Samsung was previously the only company able to produce the high resolution Retina displays Apple uses for its third-generation iPad, but LG and Sharp both joined the supply chain months later.
Apple is expected to debut a small format iPad, dubbed the "iPad mini," at a special event on Tuesday, and reports point to LG and AU Optronics as being the main providers of those panels.
According to CNET, the spokesman said Monday's Korea Times report was "100 percent false," and noted that Samsung has requested the publication to revise its story.
"Samsung Display has never tried to cut the supply for LCD panels to Apple," the spokesman said.
The initial report gained traction as Apple has been weaning off Samsung-sourced components, most recently evidenced by the cutting of NAND flash orders bound for the first batch of iPhone 5 shipments. Samsung, which supplied Apple with 15 million LCDs in the first six months of 2012, reportedly shipped only 3 million LCDs to Apple in the third quarter and is expected to drop that number down to 1.5 million in the fourth quarter.
Samsung was previously the only company able to produce the high resolution Retina displays Apple uses for its third-generation iPad, but LG and Sharp both joined the supply chain months later.
Apple is expected to debut a small format iPad, dubbed the "iPad mini," at a special event on Tuesday, and reports point to LG and AU Optronics as being the main providers of those panels.
Comments
Come on Apple, make things in the USA with your $100 Billion in cash.
Originally Posted by Smallwheels
Come on Apple, make things in the USA with your $100 Billion in cash.
Again, insanely more complicated than that.
Quote:
Originally Posted by Smallwheels
Come on Apple, make things in the USA with your $100 Billion in cash.
What's the incentive?
Quote:
Originally Posted by Quadra 610
What's the incentive?
That's exactly the problem. Every big company is asking for a 'handout' before willing to move jobs back from overseas. Why can't these big companies, earning huge profits, just do it?
I say the US should just cut all the military overseas, so these companies cannot get protection from the military and then they'll know the true cost of operating overseas. Then they'll know it's actually a BARGAIN to have plants here in the US.
I had been wondering when the "denial" would come.
Originally Posted by drobforever
I say the US should just cut all the military overseas, so these companies cannot get protection from the military and then they'll know the true cost of operating overseas.
Uh, what? Do you really think that the ability of the US military to come knocking on the door a few minutes later REALLY has anything to do with companies and manufacturing?
The oil companies would never allow that.
Originally Posted by anantksundaram
'weening off?'
People peeing left and right! It's madness!
Quote:
Originally Posted by drobforever
That's exactly the problem. Every big company is asking for a 'handout' before willing to move jobs back from overseas. Why can't these big companies, earning huge profits, just do it?
Huge profits were made by farming out cheap labour overseas.
You'll never get Americans to work for so little, which means lower profit margins for companies.
And if you think Apple products are priced high now, imagine what they'd be if they were built in America.
Quote:
Originally Posted by Quadra 610
What's the incentive?
Benefiting one's countrymen. Contributing to the welfare of the nation. On site quality control. Lower shipping costs. Greater secrecy. Less piracy. More customers within the USA. Making the nation stronger helps its population earn more money thus allowing more people to purchase Apple products.
Shows how solid the Samsung firewall is!
Nobody is mentioning that, labor costs/availability of skills aside, the whole supply chain of components is built around Asia. It's way more complicated than having americans assemble the iPhone.
Apple should stop using Samesung's parts. All information directly go to their cell phone development division also. LG's LCD is the world best. LG holds 29% of total global market share. Samesung is 18.9%, CMI 17.6%, AUO 16.7%.
Quote:
Originally Posted by satchmo
Huge profits were made by farming out cheap labour overseas.
You'll never get Americans to work for so little, which means lower profit margins for companies.
And if you think Apple products are priced high now, imagine what they'd be if they were built in America.
It's not wages. The US manufacturing infrastructure is gone, manufacturing skill is gone, people aren't be trained in sufficient quantity to bring these jobs back. Most education is now focused on business and finance degrees -- worthless. US industry for the most part makes money, not products.
That is the most ignorant comment on top of all ignorant comments i've read in a year. You seriously think the US military is out there to protect foreign companies like Samsung? Where's the FACEPALM emoticon?
You do know Apple's mobile processor is manufacured in Texas, USA, yes? Samsung got plant in the US too.
YOU GET THE U.S TO BAN ALL CHEAP IMPORTS LIKE ACER, SAMSUNG ETC.
when apple manufactured in the u.s (Jobs even made Next computers in the U.S) it was almost killed by consumers happily loading up on cheap asian P.Cs. Even the U.S government wouldn't buy expensive made in U.S.A Next computers.
Forcing apple to manufacture in the U.S without stopping cheap imports will just make Google, HTC, Samsung, Acer CEOs laugh their heads off, not to mention Amazon, Dell, Hp and Msft all of whom manufacture in Asia ...
want to apply pressure for U.S manufacturing, fine but make sure the pressure is EQUAL. Otherwise the Urban Legend (which 80% of the population seems to believe) that ONLY apple manufacutures overseas will persists. I've even read people saying "I don't buy apple because the manufacture in Asia. So I buy Samsung... " ????
There's enough crap already from politicians using Apple as the 'whipping boy' for jobs losts. (Also WEIRD that nobody condemns GOOGLE for giving stolen American I.P to asian companies like Samsung, HTC etc to compete with american companies like HP, Msft, Apple... )
Quote:
Originally Posted by Smallwheels
...
Come on Apple, make things in the USA with your $100 Billion in cash.
You can't be as naive as your comment makes you appear to be.
Quote:
Originally Posted by Tallest Skil
Again, insanely more complicated than that.
It isn't complicated. It just takes a commitment to do so. Prior to NAFTA everybody made things in the US including Apple. Revoke NAFTA and things will get made in the US again.