Dateline City:
ENGLEWOOD, Colo.
South Korean TV giants plan to lower panel allocation to their captive panel suppliers
ENGLEWOOD, Colo. (January 19, 2016) – Leading global TV brands Samsung Electronics and LG Electronics, seeking to complete their product lineups, increase back-up supply and boost savings, plan to rely less on their captive panel suppliers and turn to outsourcing instead. The two South Korean TV brands made up 41 percent of the total panel shipments of Samsung Display and LG Display in 2015, down from 46 percent in 2014. The figure will decline even further to 37 percent in 2016, according to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight.
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