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Samsung to end all LCD production by end of the year

By Cookie Monster - on 1 Apr 2020, 8:16am

Samsung to end all LCD production by end of the year

Samsung's 2020 QLED 8K TVs.

Samsung Display will not be making liquid crystal display (LCD) panels from next year. 

A Samsung spokeswoman confirmed with Reuters that the company will end production of LCD panels in South Korea and China by end 2020. In October 2019, Samsung suspended one of its two LCD production lines in South Korea due to falling demand for LCD panels and a supply gut.

“We will supply ordered LCDs to our customers by the end of this year without any issues,” the company said in a statement.

The South Korean company will be investing US$10.72 billion over the next five years to convert one of the LCD lines into a facility to mass produce the more advanced "quantum dot" displays. Samsung claims the quantum dot technology provides better contrast and crisper colours.

Source: Reuters