Samsung Display will terminate its contract with Apple and no longer supply liquid crystal display (LCD) panels to its long time partner, reports “The Korea Times” (http://macte.ch/x6VvU).
The company plans to completely cut its years-long business ties with Apple as “it believes its American partner is no longer a cash-generator due to the iPhone maker’s stiffer supply chain management structure,” the article says. The move is further evidence of the disintegrating relationship between the companies, who are locked in a global legal battle over patent rights.