China's grip on LCD supply tests Samsung, LG in holiday TV push

China's biggest display makers are flexing their pricing power, seeking higher payments for large LCD panels just as Samsung Electronics and LG Electronics are set to ramp up production for the year-end shopping season. BOE Technology recently told customers it would apply revised prices from the fourth quarter, according to industry sources Tuesday. In a notice, the Chinese display giant cited higher procurement and supply costs caused by fluctuations in raw-material prices and shifts in global

Source: The Korea Herald