Samsung Display will end its liquid crystal display (LCD) production in South Korea and China by the end of the year.
Samsung Display, the display-making unit of Samsung Electronics, said the decision was made to provide more resources for its quantum dot displays (QDD).
As part of the decision, existing personnel at its liquid crystal display (LCD) business will be shifted to organic light-emitting diode (OLED) and quantum dot display businesses.
The company will continue to supply liquid crystal display (LCD) panels to clients without issue until the end of the year.
The factories that still produce liquid crystal display (LCD) panels are based in Asan, South Korea, and Suzhou, China. The majority of the liquid crystal display (LCD) panels produced by these factories are used by Samsung Electronics’ TV business to make its QLED TV brand.
The move by Samsung Display to end liquid crystal display (LCD) production was widely expected following the company’s announcement in October to invest $11 billion into QD displays.
Since the announcement, Samsung Display has been already begun reducing its liquid crystal display (LCD) production capacity.
The first iteration of Samsung Display’s mass-produced quantum dot displays (QDD) will use OLED displays and quantum dots as a film.
Samsung Electronics announced it had developed a method to use quantum dots as light emitters.
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