Samsung (SSNLF.PK) says it has terminated its LCD supply contract with Apple (AAPL), and will no...

|About: Samsung Electronics Co., Ltd. (SSNLF)|By:, SA News Editor

Samsung (SSNLF.PK) says it has terminated its LCD supply contract with Apple (AAPL), and will no longer provide panels to the company due to price disagreements. Rivals LG Display (LPL +2.2%), AU Optronics (AU -1%), and Sharp (SHCAY.PK), who are already supplying Apple, should benefit. Apple has already shifted memory purchases away from Samsung, and reportedly wants to migrate its app processor manufacturing to TSMC. Update: A Samsung spokesman now denies the Korea Times' report.