Audio By Carbonatix
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
-
Vendors commend GAWU for creating market access at trade fair
10 minutes -
Afadzato South rice farmers appeal for urgent remedies to prevent post-harvest loss
13 minutes -
French coastguard rescues more than 100 migrants crossing English Channel
1 hour -
IS claims responsibility for Nigeria attack that killed 29 people
1 hour -
Ghana moves forward with plans for new national airline
3 hours -
The Ghanaian dream of climbing the social and political ladder to live above the law
5 hours -
Beyond the glory: The hidden battles of athletes
5 hours -
Claire’s closes all 154 stores in UK and Ireland with loss of 1,300 jobs
5 hours -
‘I’m between married and single’ – Jim Iyke reveals relationship status
5 hours -
Akosombo fire outbreak sparks power cuts across Accra as ECG announces widespread outages
5 hours -
Plane crash in South Sudan kills all 15 on board
6 hours -
Power instability and weeds choke water supply in Eastern Accra
6 hours -
Nollywood full of saboteurs – Jim Iyke
6 hours -
Trial by media – Joana’s lawyers accuse RNAQ of undermining justice amid ongoing appeal
6 hours -
One injured as NDC infighting in Nalerigu/Gambaga turns violent
6 hours