Samsung Display plans to discontinue LCD panel production in China and South Korea before the end of this year

According to foreign media reports, Samsung Display, a subsidiary of Samsung Electronics, said on Tuesday that it has decided to end all liquid crystal display panel (LCD) production in South Korea and China by the end of this year.

Samsung Display said in a statement that it will provide customers with ordered LCD panels before the end of this year.

Samsung Display announced in October last year that it would suspend one of South Korea’s two LCD production lines due to declining demand and oversupply.

Samsung Display said at the time that it planned to invest 13 trillion won (approximately US$11 billion) to upgrade an LCD factory in South Korea to produce more advanced screens, namely quantum dot screens. .

Samsung Display’s spokesperson said that it has not yet decided how to dispose of the LCD factory in China.

TFT-LCD, AMOLED, and new display technologies including flexible displays, their basic technologies are all semiconductor technologies, which can be collectively referred to as semiconductor displays. Semiconductor display can be defined as a general term for display technologies that independently control each smallest display unit through semiconductor devices.

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