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Samsung likely to procure phone batteries from LG Chem: newspaper

SEOUL: Samsung 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, 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 would likely begin…