LG.Philips to Provide LCD Displays to HP

By Ian Bell June 7, 2005

Under the agreement, LG.Philips LCD will be the primary supplier of LCDs for notebook PCs and monitors from June 2005 to May 2008. This deal is a substantial increase over the existing HP supply agreement.

LG.Philips LCD and HP formally announced their supply agreement during a signing ceremony on June 7th at the LG Twin Towers, which was attended by LG.Philips LCD Executive Vice President for Sales, Duke Koo and HP Personal Systems Group Vice President Kirk Moul.

LG.Philips LCD currently supplies HP with the company’s LCD panels for their notebook and LC monitor products. HP’s L2335 23″ LCD monitor received an editor’s choice award last June from Designtechnica. You can read the review here. LG.Philips LCD also provides the LCD panels used in the Apple Cinema displays.

The deal between the two companies is valued at about $5 billion dollars.

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