Samsung will close LCD panel construction in late June

by admin, Wednesday, 1 June 2022 (2 months ago)

It’s the end of an era for LCD panels, or at least for those made by Samsung. The Korean company has been teasing the end of LCD manufacturing for years, but now, the deadline is approaching. From June 2022, Samsung Display will no longer produce liquid crystal displays (LCDs). This does not mean the end of LCD panels on smartphones, computers and other electronics. Samsung is simply abandoning the category due to fierce competition from its counterparts from China and Taiwan.

Instead of maintaining a sluggish LCD function, the company will focus on OLED (Organic Light Emitting Diode) and QD monitors. OLED panels have become the “best” for the smartphone market. LCD screens continue to dominate, but most of the flagships, mid-range premiums, and even conventional smartphones are getting OLED screens nowadays. LCD However, they are still very popular in the category of computers and laptops.

According to Display Supply Chain Consultants (DSCC), the average price index of LCD panels, measured against 100 in January 2014, will fall to 36.6 in September this year. The number has dropped more than a record low of 41.5 in April this year. It is also 58 percent lower than the high record of 87 in June 2021.

Samsung screen

Samsung Display will focus on Quantum Dot and OLED technologies

Unfortunately, no details of the investment plan have been announced since then. However, LCD employees will have to keep their jobs. The company will probably transfer them to Quantum Dot Display. It is worth noting that Samsung is trying to leave the LCD segment by 2020. The original plan was to close the company by the end of 2020. However, these games have been delayed by Samsung Electronics. The sudden rise in LCD panel prices during the COVID-19 pandemic prompted Samsung Display to keep building for a while. This resulted in an entire 2021 of continuous production. Now, however, the business seems to have reached the deadline.

The monitor subsidiary was first established in 1991, as an LCD business arm by Samsung Electronics. It was officially released in 2021, as Samsung Display. It has merged with three local and Japanese manufacturers of organic active matrix light emitting diodes (AMOLED) to produce advanced types of monitors. The company will no longer produce panels for Samsung TVs, which will likely promote the QD and OLED smart TV portfolio.

The middle class smartphones may not have a big impact. Besides, there are countless LCD manufacturers that are still active in the industry. As far as the mobile sector is concerned, the company is doing a good job. The Galaxy S22 series is successful in China and the company is preparing the ground for the Galaxy Z Fold 4. The flagships and the folding offer the best that Samsung has developed in display technology.

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