Samsung
Samsung kicks out China’s BOE from display supply chain
Samsung is reportedly cutting ties with its Chinese display partner – BOE. It comes amid ongoing disputes related to technology infringement and rising uncertainties about China due to US-China tensions.
According to a report, Chinese display manufacturer BOE has not only fallen out of the top three suppliers of TV panels for Samsung Electronics in the third quarter but also saw its market share decrease.
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In its third-quarter report, Samsung excluded BOE from the list of major suppliers of display panels used in devices for TV and monitor screens under its Device Experience (DX) division.
This is the first time since the fourth quarter of 2015, nearly seven and a half years ago, that BOE has been excluded as a key panel supplier for products such as TVs and smartphones.
Samsung is reportedly planning to sever its mid-to-long-term relationship with BOE, which is also a key competitor in the global display market due to a legal clash of its display subsidiary with BOE.
BOE, a major supplier of LCD (Liquid Crystal Display) panels, accounted for about 10% of Samsung’s TV panel purchases in the first half of the year, ranking third among the key panel suppliers.
// Via1