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Samsung stops producing LCD panels

October 15, 2020

Samsung Display will stop producing LCD panels by the end of the year. The display maker currently runs two LCD production lines in South Korea and two in China according to Reuters, Samsung tells The Verge that the decision will accelerate the company’s move towards quantum dot displays, while ZDNet reports that its future quantum dot TVs will use OLED rather than LCD panels.

The decision comes as LCD panel prices are said to be falling worldwide. Last year, Nikkei reported that Chinese competitors are ramping up production of LCD screens, even as demand for TVs weakens globally. Samsung Display isn’t the only manufacturer to have closed down LCD production lines. LG Display announced it would be ending LCD production in South Korea by the end of the 2020 as well.

Meanwhile, Chinese companies are expending their production, such as BOE and CSOT,They will continue providing LCD modules worldwidely. As the advantage of LCD ( small size for indoor application), It's surely the demand will getting higher and higher.