Samsung to Cease Production of Liquid Crystal Displays by the End of 2020 Due to Falling Demand

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Image: Samsung

Samsung is ending all production of liquid crystal display (LCD) panels in South Korea and China by the end of this year. While these displays are abundant and easy to manufacture, consumers are losing interest in the technology, having moved on to fancier screen types like OLED and QLED.

“We will supply ordered LCDs to our customers by the end of this year without any issues,” the company said in a statement.

According to Reuters’s report, Samsung will spend 13.1 trillion won ($10.72 billion) to convert one of its South Korean LCD lines into a QLED one. Hopefully, the company will make a similar investment toward OLED technologies.

Samsung isn’t the only display giant that is leaving LCD behind. LG said that it, too, would cease domestic production of LCD TV panels by the end of 2020.

Tsing Mui
News poster at The FPS Review.

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