LG buys LCD panels from Sharp

The Feedster

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LG has announced that it will be buying millions of its LCD panels from rival company, Sharp. The Korean company said yesterday that it would be buying two million 32-inch LCD panels from Sharp, and an unknown quantity of 52-inch ones too. LG already buys in a large number of its LCD panels from third parties, but due to a shortage of 32-inch and 52-inch panels, this is the first time LG has gone to one of its biggest rivals.

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