Samsung’s display-making subsidiary, Samsung Display initially decided to shut down its LCD business by the end of 2020. The company was reportedly forced to reconsider after the demand for LCD panels increased in the post-pandemic (Covid-19) period. In 2021, more reports suggested that the company again decided to stop producing LCD panels, but Samsung didn’t stop making them. However, according to a report by Sammobile, Samsung Display is now finally ready to shut down its LCD production. The report also suggests that Samsung is now buying LCD panels from China.
Move to OLED among other reasons
As per the report, Samsung might be planning to shut down LCD panel production in June as it doesn’t align with Samsung Display’s long-term vision for the business. The company plans to substitute LCD panels with Quantum Dot (QD-OLED) displays as Samsung recently repurposed an obsolete LCD plant to produce OLED panels.
The company is not willing to compete in a market that’s dominated by affordable panels from Chinese and Taiwanese counterparts. The falling prices of LCD are also preventing Samsung from continuing production, the report claims.
Samsung Display’s largest buyer was the consumer electronics arm of the conglomerate, Samsung Electronics. However, the company itself is opting for affordable LCD panels from Chinese and Taiwanese suppliers. Samsung Display is expected to primarily focus on the manufacturing of Quantum Dot and OLED displays after its LCD business shuts down. The employees appointed for the LCD production are also likely to be transferred to the QD division.
In other news, Airtel has announced new all-in-one XStream broadband plans that include — unlimited data, OTT subscriptions and cable TV, price starts at Rs 699. Click here for more details
Move to OLED among other reasons
As per the report, Samsung might be planning to shut down LCD panel production in June as it doesn’t align with Samsung Display’s long-term vision for the business. The company plans to substitute LCD panels with Quantum Dot (QD-OLED) displays as Samsung recently repurposed an obsolete LCD plant to produce OLED panels.
The company is not willing to compete in a market that’s dominated by affordable panels from Chinese and Taiwanese counterparts. The falling prices of LCD are also preventing Samsung from continuing production, the report claims.
Samsung Display’s largest buyer was the consumer electronics arm of the conglomerate, Samsung Electronics. However, the company itself is opting for affordable LCD panels from Chinese and Taiwanese suppliers. Samsung Display is expected to primarily focus on the manufacturing of Quantum Dot and OLED displays after its LCD business shuts down. The employees appointed for the LCD production are also likely to be transferred to the QD division.
In other news, Airtel has announced new all-in-one XStream broadband plans that include — unlimited data, OTT subscriptions and cable TV, price starts at Rs 699. Click here for more details
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