Samsung Electronics Co Ltd is in talks with LG Chem Ltd to make it one of its smartphone battery suppliers, the Chosun Ilbo newspaper said on Monday - a move that would diversify its supplier base after the failure of its Galaxy Note 7.
Samsung Electronics, the world's top smartphone maker, currently procures Note batteries from group firm Samsung SDI and China's Amperex Technology.
Chosun Ilbo quoted an industry official as saying that there was more than a 90 percent chance of a deal being struck and said that Samsung Electronics would likely begin procuring LG Chem batteries from the second half of next year.
A Samsung Electronics spokeswoman did not have immediate comment on the report, while an LG Chem spokesman declined to comment.
Samsung Electronics announced the recall of 2.5 million fire-prone Note 7s in early September, a fault that was attributed to a defect in Samsung SDI battery. In October, it pulled the plug on the $882 device after replacement phones using batteries from China's Amperex Technology also caught fire.
LG Chem currently makes phone batteries for its affiliate LG Electronics and U.S. company Apple Inc, analysts said.
Latest Stories
-
Herman Suede is set to release ‘How Dare You’ on April 24
2 hours -
Heal KATH: Kuapa Kokoo, Association of Garages donate 120k to support project
2 hours -
KNUST signs MOU with Valco Trust Fund, Bekwai Municipal Hospital to build student hostel
3 hours -
The influence Ronaldo has on people, Cadman Yamoah will have same on the next generation – Coach Goodwin
3 hours -
Gender Advocate Emelia Naa Ayeley Aryee Wins prestigious Merck Foundation Awards
4 hours -
South Africa bursary scandal suspects granted bail
5 hours -
Ecobank successfully repays $500m Eurobond due April 18
5 hours -
Re: Doe Adjaho, Torgbui Samlafo IV, call for Unity among Paramountcies in Anlo
5 hours -
Extortion and kidnap – a deadly journey across Mexico into the US
5 hours -
Rihanna says fashion has helped her personal ‘rediscovery’ after having children
5 hours -
Development Bank Ghana targets GH¢1bn funding for commercial banks in 2024
5 hours -
Shatta Movement apologises to Ghana Society of the Physically Disabled after backlash
6 hours -
Sammy Gyamfi writes: Tema-Mpakadan Railway Project; A railway line to nowhere
6 hours -
Bright Simons: Is the World Bank saving or harming Ghana?
7 hours -
CAF Cup: RS Berkane banned from entering Algeria because of a map of Morocco with its Sahara
7 hours