Samsung allegedly plans on ending its production of LCD displays in June, according to industry insiders. Previous reports had suggested that the display giant would continue manufacturing tried-and-true LCD panels for at least six more months, but sources with local outlet The Korea Times say that Samsung will close its liquid-crystal display business much earlier due to factors that include “rapid losses from falling LCD prices.” Samsung Display is now focusing its efforts on more advanced display technology, such as its new QD-OLED panels, which can already be found in select premium monitors that include Dell’s Alienware 34 Curved QD-OLED Gaming Monitor (AW3423DW). Samsung’s first QD-OLED TVs also launched this month for home theater enthusiasts who are seeking alternatives to existing (e.g., LG, Sony) models.
According to Display Supply Chain Consultants (DSCC), a U.S. market research firm, the average price index of LCD panels, measured against 100 in January 2014, will fall to 36.6 in September of this year. The figure has dropped farther from the record low of 41.5 in April of this year, and 58 percent lower than the record high of 87 in June 2021.
Also factored in was Samsung Electronics, the largest buyer of Samsung Display products, partnering with overseas LCD suppliers, including BOE Technology Group, a Chinese electronic components producer and AU Optronics Corp. (AUO), a Taiwanese LCD panel maker.
The display affiliate initially sought to close its LCD business in late 2020, but the plan was delayed at the request of its parent company, Samsung Electronics, due to a sudden spike in LCD prices amid the COVID-19 pandemic.
Source: The Korea Times