LG Electronics to buy more LCD panels from Taiwanese suppliers

November 8, 2004 – LG Electronics will equip 30% of its liquid-crystal display (LCD) televisions with Taiwan-made panels this year and is planning to team up with Taiwanese suppliers to produce the TVs next year, according to the South Korea electronic giant’s executives, said the China Economic News Service.

Taiwan’s industry watchers analyzed that chances for Taiwanese suppliers to cooperate with LG would remain high after the LG’s recent procurement and investment plans on grounds that competition among LG, Samsung, and Sony in the digital-TV market is growing intensive.

LG planned to diversify supply sources for the 9 million own-branded LCD monitors it will ship throughout this year. To follow the strategy, the company’s executives pointed out that their company would use its affiliate’s panels and Taiwan-made panels in 70% and 30% of its LCD appliances including notebook computers, televisions, and monitors, respectively.

LG’s executives also said their company was considering opening an LCD-TV assembly line in Taiwan in cooperation with the island’s suppliers. LG is now the world’s No. 2 supplier of LCD monitors and plasma display panel (PDP) modules and ties up for No. 2 place of LCD TVs with Samsung.

POST A COMMENT

Easily post a comment below using your Linkedin, Twitter, Google or Facebook account. Comments won't automatically be posted to your social media accounts unless you select to share.

Leave a Reply

Your email address will not be published. Required fields are marked *

LIVE NEWS FEED

NEW PRODUCTS

KLA-Tencor announces new defect inspection systems
07/12/2018KLA-Tencor Corporation announced two new defect inspection products at SEMICON West this week, addressing two key challenges in tool and process monit...
3D-Micromac unveils laser-based high-volume sample preparation solution for semiconductor failure analysis
07/09/2018microPREP 2.0 provides order of magnitude time and cost savings compared to traditional sample...
Leak check semiconductor process chambers quickly and reliably
02/08/2018INFICON,a manufacturer of leak test equipment, introduced the UL3000 Fab leak detector for semiconductor manufacturing maintenance teams t...