Samsung to discontinue LCD manufacturing in June, six months sooner than anticipated
In a nutshell: Samsung Display has reportedly determined to shut its liquid-crystal show enterprise in June. While that is six months before anticipated, the corporate initially deliberate the shuttering for the top of 2020, however the pandemic and a surge in demand for client electronics noticed it put these plans on maintain.
The Korea Times writes that the choice to expedite the enterprise’ closure comes as client curiosity in LCDs falters in favor of show applied sciences similar to Quantum Dot and OLED. The losses attributable to falling LCD costs have additionally performed a significant half. US market analysis agency Display Supply Chain Consultants (DSCC) stories that the LCD panel value index has crashed since late 2021 and is down round 60% year-on-year.
Another issue has been Samsung Electronics—the biggest purchaser of Samsung Display merchandise—partnering with abroad LCD suppliers from China and Taiwan. The switching from LCDs to OLEDs for smartphones in recent times has additionally been an affect.
It was Samsung Electronics that requested the show affiliate pause plans for closing the LCD enterprise in 2020 following a spike in LCD costs because the Covid pandemic peaked.
Employees on the LCD arm are anticipated to be relocated to Samsung’s QD and OLED divisions following the transition.
We lately heard about Samsung’s Quantum Dot expertise being mixed with an OLED panel to create the MSI MEG 342C monitor. The identical combo is used within the Alienware AW3423DW, which we love and awarded a rating of 90 in our overview. It’s additionally discovered within the Samsung Odyssey G8QNB.