In September 2012 we reported that "Apple has reduced purchases of liquid crystal display (LCD) panels for tablet computers from Samsung Display amid the deepening patent disputes." Market experts had stated that the move is aimed at minimizing its reliance on Samsung parts. Today, news of Samsung's earnings has surfaced showing that Apple's decision to stop orders for Samsung displays have now officially Samsung's bottom line.
A DigiTimes report today states the following: "As for Samsung's component business, both the semiconductor and display panel divisions suffered revenue decreases sequentially in the first quarter. Including memory and system LSI, Samsung's semiconductor division posted sales of KRW8.58 trillion in the first quarter of 2013, down 11% sequentially."
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