LG Electronics to Supply Dell with LCD Monitors
Dec 1, 2003
 Print this page

South Korea's LG Electronics Inc. announced that it has received orders to supply U.S. computer manufacturer Dell Inc. with large-sized liquid crystal display (LCD) monitors.

Financial terms weren't disclosed.

LG Electronics spokesman Kim Hyung Jong said LG recently began supplying 30-in LCD monitors for televisions to Dell, with a minimum order of 5,000 units a month. The order may be expanded to 10,000 units, he said.

LG will also provide 100,000 15-in and 17-in monitors to the U.S. computer firm on a monthly basis, Mr. Kim said.

He also said that LG's agreement with Dell to provide large-sized LCD monitors is for about 2 years.

The spokesman said the order from Dell will help boost the company's revenues, although he couldn't quantify the specific amount.

LG, which already provides 18-in monitors to Dell, also makes home appliances and mobile handsets. The company posted a net profit of 223.8 billion won (U.S. $186.2 million) on revenue of KRW4.92 trillion for the third-quarter ended Sept. 30. (Dow Jones)

Back to Breaking News