Samsung Will Cease Production of Traditional LCD Displays by the End of 2020
takyon writes:
Samsung to Cease Traditional LCD Production, Move To Quantum Dot OLEDs
According to a report from Reuters, Samsung Display will cease production of traditional LCD displays by the end of the year. The move comes as the company is apparently turning its full efforts away from traditional liquid crystal displays and towards the company's portfolio of quantum dot technology. Building off of the Reuters report, ZDNet is reporting that Samsung is dropping LCD production entirely - including its quantum dot-enhanced "QLED" LCDs - and that their retooled efforts will focus on QD-enhanced OLED displays. A decision with big ramifications for the traditional LCD market, this means that by the end of the year, the LCD market will be losing one of its bigger (and best-known) manufacturers.
As recently as last year, Samsung Display had two LCD production facilities in South Korea and another two LCD plants in China. Back in October, 2019, the company halted production [in] one of the South Korean factories, and now plans to suspend production of LCDs at the remaining three facilities due to the low profitability and oversupply of traditional LCDs.
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