LG Philips wins $5 billion deal for HP LCDs

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LG Philips announced today that it signed an over $5 billion three-year deal to supply HP with flat panel displays. The displays, provided by the world's #2 flat screen maker, will be used in notebook monitors and desktop LCD displays by HP through May 2008. A deal of this size represents nearly 20% of LG Philips' revenue, and is sure to fuel the fire in their competitive efforts against market giant Samsung.

Read the complete story. (GeekCoffee)

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Wolfgang Gruener
Wolfgang Gruener
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Wolfgang Gruener is an experienced professional in digital strategy and content, specializing in web strategy, content architecture, user experience, and applying AI in content operations within the insurtech industry. His previous roles include Director, Digital Strategy and Content Experience at American Eagle, Managing Editor at TG Daily, and contributing to publications like Tom's Guide and Tom's Hardware.