Foxconn acquired Sharp earlier this year and formed a joint venture, Sakai Display Products. Sakai (and Sharp before that) used to deliver LCD TV panels to Samsung (to the tune of 5 million units a year, 11% of the global production), but the Foxconn-owned company just cut ties with Samsung. The Korean maker still stands to receive a total of 2-3 million 40" and 60" panels this year. Declining prices of LCD panels has been hurting Sharp's bottom line and the company's new owners plan a return to profitability by Q1 of 2018. Reportedly, Sharp attempted to negotiate higher prices, but...
Source: http://www.gsmarena.com/sharp_will_stop_delivering_lcd_tv_panels_to_samsung-news-22192.php
