LG, Sony closer - The Korea Times

LG, Sony closer

By Kim Yoo-chul

LG Display, the world’s No. 2 manufacturer of flat screens, is looking to partner with Tokyo-based Sony as the latter mulls breaking up its strategic relationship with Samsung to cut costs.

LG is planning its advanced, brighter OLED screens at better prices, sources familiar with the matter told The Korea Times, Monday.

``LG Display has keen interest to sell its OLED screens to the Japanese TV maker. The deal, if realized, is going to give a helping hand to client-strapped LG, which is suffering operating losses,’’ said an industry executive, requesting anonymity.

For flat-screen makers, securing many big set-makers as clients is crucial for

Kim Yoo-chul

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