More cracks are beginning to show in the Apple-Samsung partnership as the South Korean conglomerate's component arm lost a significant amount of orders to rival LG Display. Coincidentally or not, the news arrives in the aftermath of the $1 billion ruling in the Apple v. Samsung trial. Samsung used to be the prime supplier of high-resolution Retina panels for Apple's third-generation iPad, but no longer.
Seeking ways to reduce its dependency on Samsung, Apple reportedly shifted panel orders to LG Display. It's not just a minor re-shuffling: Samsung last month saw iPad panel orders reduced to just 28 percent of its July output. We've seen what order stoppage rumors can do to market cap. I'd watch Samsung's share price closely these days...