KoreaTechToday - Korea's Leading Tech and Startup Media Platform
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
No Result
View All Result
KoreaTechToday - Korea's Leading Tech and Startup Media Platform
No Result
View All Result
Home Samsung

Samsung Display to Stop LCD Business, Focuses on QD-LED

 2,141 total views,  1 views today

KoreaTechToday Editor by KoreaTechToday Editor
PUBLISHED: April 1, 2020 UPDATED: April 1, 2020
in Samsung, Samsung Display, South Korea
0
samsung display qled tv
Samsung Display to end its LCD business focusing on the more promising QD LED market./ photo taken from Samsung website

Samsung Display to end its LCD business focusing on the more promising QD LED market./ photo taken from Samsung website

Samsung Display reportedly decided that it would end its traditional liquid-crystal display (LCD) business as the company aims to become the leading provider in the quantum dot light-emitting display (LED) sector. The panel maker said that it would exit the already saturated LCD market as it suffers from Chinese manufacturers’ low-priced large-volume production.

A company official said that Samsung Display intends to halt the operation of its LCD plants located both in South Korea and China until the end of this year.

The display maker would close its eight-generation and seventh-generation LCD production lines located in South Korea and Xuzhou, China. The plants would terminate its operation in the first half of 2021.

Presently, Samsung Display produces 363,000 eighth-generation and 165,000 seventh-generation displays per month. The company’s production lines account for 14 percent of the total LCD output in the market.

The Samsung Electronics display affiliate said it would shift toward developing technology that relies on advanced “QD-LED” material.

During a briefing, Samsung Display presented a detailed plan of why the QD-LED technology would allow the company to lead in the display industry.

The company sent letters to about 3,000 employees at its LCD plants, reassigning tasks relevant to the development of QD-based displays.

The company would stop manufacturing LCDs starting next year as it prioritizes producing large-sized displays with next-gen QD technology. The decision to exit the LCD business came after the need to focus on QD-LEDs as means to move forward.

Samsung plans to invest up to 13.1 trillion won ($10.6 billion) by 2025 to construct a factory capable of producing self-illuminating “true QD-LED” screens. The company would spend money on replacing conventional LCDs with QD-LEDs, foldable OLEDs, and QD-nano displays (QNED). Samsung sees the QD tech as a more profitable and promising advanced display market.

Samsung would also focus on small and medium-sized organic light-emitting diode (OLED) screens and next-gen QD nano LED screens.

The company is currently in talks to sell its LCD facilities in Suzhou, China, to Chinese LCD manufacturers.

Samsung Display’s industry rival LG Display earlier this year that it would suspend production plants of LCD TV panels in it South Korea by the end of 2020.

What’s your thoughts?
+1
0
Upvote
+1
0
Clap
+1
0
Clap
+1
0
On fire
+1
0
Meh
+1
0
Clap
+1
0
Tags: LCDQD LEDquantum dotSamsungSamsung Display

Related Posts

Samsung headquarters
Samsung Display to end its LCD business focusing on the more promising QD LED market./ photo taken from Samsung website
South Korea

Korea’s top 100 companies’ economic contribution soar by 20%  in 9 years

July 20, 2022
LG & Samsung
Samsung Display to end its LCD business focusing on the more promising QD LED market./ photo taken from Samsung website
LG

Samsung Electronics & LG Electronics post record first-quarter earnings

April 8, 2022
South Korea curbs tech leaks to foreign countries
Samsung Display to end its LCD business focusing on the more promising QD LED market./ photo taken from Samsung website
South Korea

South Korea curbs tech leaks to foreign countries

February 8, 2022
KT will soon commercialize 5G SA in South Korea: Samsung offers common core
Samsung Display to end its LCD business focusing on the more promising QD LED market./ photo taken from Samsung website
5G

KT will soon commercialize 5G SA in South Korea: Samsung offers common core

February 4, 2022
Samsung beats Intel to become the largest semiconductor company
Samsung Display to end its LCD business focusing on the more promising QD LED market./ photo taken from Samsung website
Chips

Samsung beats Intel to become the largest semiconductor company

February 3, 2022
Hyundai Rotem set to provide upgraded army tank variants to South Korea
Samsung Display to end its LCD business focusing on the more promising QD LED market./ photo taken from Samsung website
South Korea

Hyundai Rotem set to provide upgraded army tank variants to South Korea

February 2, 2022
No Result
View All Result

Follow Us

FREE NEWSLETTER




PRODUCTS

Most Popular

  • 5 Best Korean to English Translation Apps

    0 shares
    Share 0 Tweet 0
  • Top South Korean Tech Products to Look Out for in 2021

    0 shares
    Share 0 Tweet 0
  • Top Eight Promising EdTech Startup Companies in South Korea

    0 shares
    Share 0 Tweet 0
  • 5 All-Time Best Rom-Com K-Dramas to Watch

    0 shares
    Share 0 Tweet 0
  • Korean tech giants to focus on future innovations & sustainability actions at CES 2023 

    0 shares
    Share 0 Tweet 0
  • Top Nine Mobile MMORPG in South Korea for 2020

    0 shares
    Share 0 Tweet 0
  • World’s First 5G Robot Café has a Seoul Opening

    0 shares
    Share 0 Tweet 0
  • South Korea Improves Digital New Deal with the Data Dam Project

    0 shares
    Share 0 Tweet 0
  • Top 10 Must-Have Korean Apps You Need When Visiting in Korea

    0 shares
    Share 0 Tweet 0
  • Coway Changes Name After Netmarble’s Aquisition

    0 shares
    Share 0 Tweet 0
  • About Us
  • Account Page
  • application form
  • Cookie policy
  • Default Redirect Page
  • homepage
  • Login
  • login form
  • LogOut
  • Newsletter
  • Privacy Policy
  • Register
  • Reset Password
  • Sample Page
  • Subscription Plan
  • Terms of Use
  • test
  • test
  • testpage
  • TOS Page
  • Visitor Inside User Page

Copyright © 2022 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |

No Result
View All Result
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government

Copyright © 2022 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |