Samsung Display is rumored to sell 8th-generation LCD production line equipment from South Korea to TCL Huaxing

by:Kimeery     2021-05-29

According to the Korean media Fnnews citing sources in the financial investment industry, YMC and Chinese panel manufacturer TCL Huaxing have completed the evaluation of the SDC residual LCD production line since July last year. It is planned to carry out the LCD production line sale and relocation contract within the first quarter of this year.

The 8th generation LCD line of Samsung Display has COA (Color Filter on Array) technology. Industry insiders said: Chinese manufacturers were very concerned about this line before, and the manufacturer most likely to win this line will be TCL China Star.

Samsung Display announced in March 2020 that it will close its LCD production line at the end of 2020 to focus on new display technologies such as LCD for Samsung, QLED, and Micro LED. However, due to the new crown epidemic stimulating the development of the 'home economySamsung Display’s plan to shut down the LCD production line has also become indefinite on the basis of the postponement of the end of March 2021.

With the delay of the LCD production line shutdown, industry insiders worry that Samsung Display’s plan to sell LCD devices will also be postponed. However, forecasters still believe that it will be completed before March this year.

As for this matter, the YMC related person said: The undecided matters cannot be disclosed to the outside world. (Jiwei)

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