LG and Samsung both cutting TV output to focus on mobile displays for tablets and smartphones

LG and Samsung both cutting TV output to focus on mobile displays for tablets and smartphones
Samsung Electronics just announced plans to cut its monthly TV panels output by 80% by year-end, and transform some of the existing lines to the making of displays for tablets, notebooks and other mobile gadgets.

A similar move was made the other day by LG, which will cut its capital expenditure by 25%, citing TV set cannibalization by smartphones and tablets. LG plans spending mere $2.8 billion next year, scratching the plans for a new factory due to weakened demand. LG is rumored to be the main supplier of high-resolution displays for the iPad 3, and displays for the next iPhone, so any idle or misaligned capacity has to be put into good use.

LG's own smartphone and tablet lineup struggles to return a profit, but the 3rd largest handset maker was the first to come up with a dual-core and 3D-enabled phone this year, not to mention it bragged about its new 4.5" IPS-LCD display sporting better visuals than Samsung's Super AMOLED Plus technology, so the quarterly losing streak trend might be reversed at some point.

source: Reuters

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11 Comments

1. PhoneLuver

Posts: 481; Member since: Jul 05, 2010

Come for Apple vs Samsung, stay for Apple vs LG! lol

2. snowgator

Posts: 3621; Member since: Jan 19, 2011

Any doubts left that the money is in the mobile and wireless industry? As a side note, I have been overall unimpressed with LG branded smart phones, but the Revolution my friends wife owns is a decent handset. Not blow you away great, but decent. It has lag, but not to detract from using it. Just not up to Samsung, HTC, or Moto levels. It is pretty plain that it isn't hardware that is a problem for LG. Their parts are in demand. I am fairly convinced that they have the resources to improve their product and are doing so. I also got my first taste of W7 on the Quantum, and remember being happy with it. Sure, Samsung puts out better devices, but is anyone else noticing LG stepping up their game?

3. u-suck-more

Posts: 529; Member since: Aug 26, 2011

i actually dint think LG was good until I bought the Optimus. I like it very much ! (: its simple to use n somehow really fun ! i have been supporting LG ever since n i hope they will reach the standards of Samsung, HTC n etc or even go beyond. i hate ppl that say LG cant make good devices, but technology is not perfect. and every company has their hits n misses

7. Lucas777

Posts: 2137; Member since: Jan 06, 2011

i have always loved lg.. but they have not impressed with their recent high end phones.. but the voyageur and dare were amazing at the time when lg made them..

11. corporateJP

Posts: 2458; Member since: Nov 28, 2009

I loved my Voyager and my Versa. I have a Revolution now, no issues whatsoever (besides battery, which is all LTE phones). I'm beginning to think that all the people that whine about LG handsets just don't treat their phones right, I guess, LOL.

4. thatjackal unregistered

Hrm, I really love my Sammy HDTV. Best I've owned. Hooray, now this opens up the market for even more saturation of cheap, low-quality HDTVs from Dynex, Sylvannia, Revo, and whatever else is out there. Sony, here I come, I guess.

5. firebo14

Posts: 77; Member since: Aug 16, 2011

They nearly always use girls to ad their product.... lol

12. corporateJP

Posts: 2458; Member since: Nov 28, 2009

Fine looking Asian girls, might I add.

6. Mr.Mr.Upgrade

Posts: 474; Member since: Aug 30, 2011

If the new iPhone does not 4glte and a dual processor its done

8. TreyTreyTaylor

Posts: 728; Member since: Dec 21, 2010

its definitely dual core, but im with you on the lte lol.

9. biophone

Posts: 1994; Member since: Jun 15, 2011

That isnt revalent to this article. Anyway no it isnt.

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