Samsung to End LCD Production and Turn to Advanced Display Technology

Samsung Display announced that it will stop LCD panel production by the end of this year and turns its business to OLED and other display technology.

Samsung Display currently has LCD production lines in China and South Korea and is planning to turn one of its LCD facilities in South Korea into quantum dot screen production, reported Reuters. As for the facilities in China, Samsung has not yet decided the further operation.

The display industry has been gone through a tough time due to oversupply and price competition. LG Display announced earlier that it will end domestic LCD TV panel production by the end of the year. Now with the world spreading coronavirus epidemic which led to cancelation and postpone of most big events including Olympics, global end market decline is thus expected.

With Samsung quitting LCD business, the oversupply issue of the panel industry might lessen and other panel makers including AUO, Innolux and BOE could benefit. At the same time, Korean panel producers are turning their focus into new display technologies covering OLED and Micro LED, pushing the industry to move toward another direction and initiate a new battlefield.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

The recent outbreak of COVID-19 has prompted the large-scale search for practical solutions that can prevent the spread of the deadly virus — from researchers and scientists committed to finding a solution, to the manufacturers and consu... READ MORE

Nichia’s Tunable 757 receives rave reviews from industry leaders, including the coveted LpS Best Sustainability Technology Award. Nichia, the leader in and inventor of the high-brightness LED, announced its game-changing single LES, tuna... READ MORE