Samsung stops producing LCDs. Now the rest

According to the South Korean edition of the Korea Times, Samsung is completely shutting down the production of liquid crystal (LCD) matrices in late June this year. It will focus all its attention on more advanced and advanced technologies.

The report says that Samsung made this decision amid strong competition from Chinese and Taiwanese companies producing cheap LCD panels.

In addition, the research firm Display Supply Chain Consultants (DSCC) reports that the average price index on the LCD matrix, set at 100 in January 2014, will fall to 36.6 in September this year. In April, it was 41.5 – 58% below the record low (87 in June 2021). This means that the production of liquid crystal displays brings less and less money, and competition is intensifying.

Samsung intended to curtail production of LCD panels in 2020, but the pandemic and sharply increased demand for low-cost devices forced the company to reconsider plans. The corporation said it would act depending on market conditions. It seems that the production of affordable solutions is no longer a priority for the South Korean giant. Now Samsung will focus on OLED and QLED matrices.

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