A year ago, it was announced that the Korean giant Samsung would abandon the production of LCD panels. Competition from other Asian manufacturers It may be behind a decision that later saw a one-year extension to continue manufacturing LCDs and now expires.
Samsung Display, the company’s subsidiary specializing in the design and manufacture of display panels, It will cease all production of LCD panels Next month, after more than 30 years of work. A situation announced by various media outlets in Korea that affects a brand that has a large number of televisions with LED LCD panels.
Will they continue to make LED TVs?
An important decision as it is one of the largest LCD panel manufacturers in the world. A brand that is moving away from having market share, Samsung Display From 22% in 2014 to just 2% last yearanyone.
Samsung Display had planned to stop LCD panel production throughout 2020, but they decided to extend it for one year due to the pandemic. They have continued to produce panels in 2021 and so far in 2022… a process that is over. According to the Korea Times:
“Samsung Display has chosen to close its liquid crystal display (LCD) business in June due to its diminishing global competitive advantage due to cheaper products made by Chinese and Taiwanese companies.”
After the cessation of this production and considering the importance of this type of panels still in the sector and for the company, Samsung Electronics, Would prefer LCD panels from Chinese and Taiwanese manufacturers AUO, like TCL’s CSoT and BOE for QLED and LED TVs.
Part of the decision is a price drop of up to 60%, according to industry sources. In this sense, market research firm Display Supply Chain Consultants (DSCC) expects LCD panel prices to drop to 36.6 index in September 2022. And after hitting a historic low of 41.5 in April of this year and reaching 100. in January 2014.
After the cessation of LCD panel production at all its factories in South Korea and China, Samsung Display will focus on the production of QD-OLED panels, of which the Samsung S95B is one of its most outstanding models. For the rest of the catalog, models that are still based on LCD panels will have to use panels from other manufacturers.
check this out This does not mean that the brand will give up the production of LCD LED televisions in the short term.. If it is true that Samsung Display will cease production of these panels and therefore stop supplying them to Samsung Electronics, however Samsung Display is not their sole supplier of LCD panels and they will be able to use those made by other companies. .
We have asked Samsung, we are waiting for an answer on this matter, we will tell you as soon as we get an opinion.
via | Flat Panels