Tuesday, November 24, 2020
Home Lead Story Samsung Display Decides To Shut Production of LCD Panels Till Year End

Samsung Display Decides To Shut Production of LCD Panels Till Year End

However, the company will continue to supply LCD panels to clients without issue until the end of the year

Samsung Display has decided to shut production of liquid crystal display (LCD) panels in South Korea and China till the end of this year.

The company has two production lines in its native South Korea and two LCD-only factories in China and most of the LCD panels made in these factories are used in Samsung Electronics’ TVs.

Please Follow NewsGram on Twitter To Get Latest Updates From Around The World!

According to Samsung Display, the decision was made to provide more resources for its quantum dot (QD) displays and the existing personnel at its LCD business will be shifted to organic light-emitting diode (OLED) and QD display businesses, ZDNet reported on Tuesday.

Samsung
Samsung Display has decided to shut production of liquid crystal display (LCD) panels in South Korea and China till the end of this year. Pixabay

However, the company will continue to supply LCD panels to clients without issue until the end of the year.

Back in October last year, the company announced to invest $11 billion into QD displays. Therefore, the move by Samsung Display to end LCD production was widely expected.

ALSO READ: Apple Increases Price of its Smartphones in India Post GST Hike

Since the announcement, Samsung Display has been already begun reducing its LCD production capacity. (IANS)

STAY CONNECTED

19,120FansLike
362FollowersFollow
1,781FollowersFollow

Most Popular

Lachit Divas: Untold Story Of Hero Lachit Borphukan

We have heard a lot about the valor of Shivaji, Bajirao, and others, but not much is known about the Ahoms. In 1682, the...

List Of New Cabinet Members Selected By U.S. President Joe Biden

U.S. President-elect Joe Biden has begun naming members of his new Cabinet, as well as other top-level administration officials. Biden has pledged to choose...

India Sees Consecutive Year-On-Year Decline In Coal Funding: Report

The third annual Coal vs Renewable Financial Analysis 2019 marks a second consecutive year-on-year decline in coal funding in India following a 90 percent...

Mobile Fingerprinting App Becomes A Core Tool In Deportation Crackdown

A mobile fingerprinting app U.S. immigration agents use to run remote ID checks in the field has become a core tool in President Donald...

People With Diabetes And Eye Disease Have An Increased Risk Of Requiring Intubation

Researchers have revealed that people with diabetes and eye disease have a five-fold increased risk of requiring intubation when hospitalized with Covid-19. The study, published...

A Green Mediterranean Diet Can Be Better For Cardiovascular And Metabolic Health

A green Mediterranean diet, containing even more plant matter and very little red meat or poultry, maybe even better for cardiovascular and metabolic health...

Featherweight Jeans Are The Latest Offerings That Intersects Style And Comfort

A quality pair of jeans is a crucial wardrobe must-have for the modern man: classic, effortless, and eternally cool. This basic denim has evolved...

10 Interesting Facts About Lord Hanuman

Hindu dharma is Polytheist at the same time it is Monotheist, one can have a belief in one major God and also worship other...

Recent Comments