Tag: Supplier

LG Display Picked as Second OLED Supplier for New iPhone Models: Report

South Korea’s LG Display has been chosen as a second supplier for organic light-emitting diode (OLED) screens for Apple’s iPhones, the Electronic Times reported on Friday. Samsung Display, a unit of Samsung Electronics, was the sole supplier of OLED displays for Apple. A spokeswoman at LG Display declined to comment. A representative at Apple’s South […]

Apple Chip Supplier TSMC Resumes Production After WannaCry Attack

Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker, said on Monday a computer virus outbreak at the company was the result of a mutated WannaCry ransomware attack and it was back in full production. The company said over the weekend a number of its computer systems fab (manufacturing) tools had been infected […]

Xiaomi Parts Supplier Holitech to Invest $200 Million in India

China’s Xiaomi Corp said on Monday its component supplier Holitech Technology would invest about $200 million in three years in India which is the world’s second-biggest smartphone market. Xiaomi had said in April that it wanted its global smartphone component makers to set up base in India, in what could potentially bring as much as […]

Apple Supplier LG Display Slashes Investment Plans as Losses Mount

South Korea’s LG Display Co, a key Apple supplier, slashed its investment plans by $2.7 billion (roughly Rs. 16,500 crores) to 2020 citing concern for the global smartphone market, as it posted a second consecutive quarterly loss. The cut underscores the bleak outlook for electronics makers and comes a week after another AppleĀ supplier, Taiwan Semiconductor […]