Samsung will put an end to LCD production this year

Samsung will put an end to LCD production this year
Samsung will put an end to LCD production this year

Samsung Display, a company spokeswoman on Tuesday, has decided to stop production of all LCD panels in South Korea and China by the end of this year.

 In October last year, Samsung Display reported that South Korea's two LCD production lines had been shut down due to demand for LCD panels, and supply problems.

 This year, the company said in a statement, "LCDs that are already in order will be delivered to the customers within this year without any complications."

 Samsung Display also said in October that the company would invest $ 12 million in factories and research to improve production lines.  With this investment for five years, an LCD production line in South Korea will be ready to produce a large range of 'quantum dot' screens instead of rows.

 Currently, there are only two LCD production lines in the factory in South Korea, with Samsung display.  And the two factories in China are used entirely in LCD production.

 The spokeswoman said Samsung had not yet decided what would be done in the future in these Chinese factories.