UPDATED. 2024-06-14 08:17 (금)
Samsung vice chairman Han returns from China visit with JD.com, HKC
Samsung vice chairman Han returns from China visit with JD.com, HKC
  • Gijong Lee
  • 승인 2024.04.25 11:24
  • 댓글 0
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For discussions on TV, LCD supply chain
Samsung Electronics vice chairman Han Jong-hee Image: Samsung
Samsung Electronics vice chairman Han Jong-hee Image: Samsung

Samsung Electronics vice chairman and co-CEO Han Jong-hee returned from its three-day visit to China on Wednesday.

Han, who is also the head of Samsung’s Device Experience (DX) division, which makes smartphones, TVs, and appliances, was accompanied by Samsung’s head of procurement at its TV Business Jang Sang-ik, met with those of JD.com on Monday and HKC on Tuesday, sources said.

Han’s meeting with his counterparts from JD.com, also known as Jingdong, took place in Beijing. Afterward, the vice chairman met with Samsung’s head of China operations and staff there for a workshop.

In the past, JD.com had proposed to Samsung that it could act as an original device manufacturer for the tech giant’s TVs. Under the proposal, the Chinese commerce giant will manufacture TVs cost-effectively using local parts and Samsung was to provide its Samsung logo. However, the South Korean tech giant declined the proposal.

On Wednesday, Han met with those from HKC. His meeting is a return of courtesy from HKC’s visit to Samsung’s TV Business in South Korea in 2022. 

Likely on the agenda between the pair’s latest talk will be the supply of liquid crystal display (LCD) panels.

BOE, the world’s largest LCD manufacturer, is expected to acquire LG Display’s LCD factory in Guangzhou.

BOE last year had filed patent lawsuits against Samsung and Samsung Display and this caused Samsung to procure fewer LCD panels from BOE and more from LG Display, Sharp, AUO, and Innolux.

However, BOE’s purchase of the factory in Guangzhou will pressure Samsung to stabilize its LCD supply chain. Another LCD supplier CSOT is the subsidiary of TCL, a rival to Samsung in TVs.

This makes HKC, the third largest LCD maker in the world, the most suitable partner for Samsung.

In the same vein, Samsung TV boss Yong Seok-woo recently met LG Display CEO Jeong Cheol-dong recently, sources said, likely to discuss the LCD supply situation.


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