KoreaTechToday - Korea's Leading Tech and Startup Media Platform
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Lists
KoreaTechToday - Korea's Leading Tech and Startup Media Platform
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Lists
KoreaTechToday - Korea's Leading Tech and Startup Media Platform
No Result
View All Result
Home Topics Samsung

Samsung Display to Stop LCD Business, Focuses on QD-LED

KoreaTechToday Editor by KoreaTechToday Editor
PUBLISHED: April 1, 2020 UPDATED: April 1, 2020
in Samsung, Samsung Display, South Korea
0
samsung display qled tv
Samsung Display to end its LCD business focusing on the more promising QD LED market./ photo taken from Samsung website

Samsung Display to end its LCD business focusing on the more promising QD LED market./ photo taken from Samsung website

Samsung Display reportedly decided that it would end its traditional liquid-crystal display (LCD) business as the company aims to become the leading provider in the quantum dot light-emitting display (LED) sector. The panel maker said that it would exit the already saturated LCD market as it suffers from Chinese manufacturers’ low-priced large-volume production.

A company official said that Samsung Display intends to halt the operation of its LCD plants located both in South Korea and China until the end of this year.

The display maker would close its eight-generation and seventh-generation LCD production lines located in South Korea and Xuzhou, China. The plants would terminate its operation in the first half of 2021.

Presently, Samsung Display produces 363,000 eighth-generation and 165,000 seventh-generation displays per month. The company’s production lines account for 14 percent of the total LCD output in the market.

The Samsung Electronics display affiliate said it would shift toward developing technology that relies on advanced “QD-LED” material.

During a briefing, Samsung Display presented a detailed plan of why the QD-LED technology would allow the company to lead in the display industry.

The company sent letters to about 3,000 employees at its LCD plants, reassigning tasks relevant to the development of QD-based displays.

The company would stop manufacturing LCDs starting next year as it prioritizes producing large-sized displays with next-gen QD technology. The decision to exit the LCD business came after the need to focus on QD-LEDs as means to move forward.

Samsung plans to invest up to 13.1 trillion won ($10.6 billion) by 2025 to construct a factory capable of producing self-illuminating “true QD-LED” screens. The company would spend money on replacing conventional LCDs with QD-LEDs, foldable OLEDs, and QD-nano displays (QNED). Samsung sees the QD tech as a more profitable and promising advanced display market.

Samsung would also focus on small and medium-sized organic light-emitting diode (OLED) screens and next-gen QD nano LED screens.

The company is currently in talks to sell its LCD facilities in Suzhou, China, to Chinese LCD manufacturers.

Samsung Display’s industry rival LG Display earlier this year that it would suspend production plants of LCD TV panels in it South Korea by the end of 2020.

Tags: LCDQD LEDquantum dotSamsungSamsung Display

Related Posts

Inside Stargate: How Samsung and SK Are Powering OpenAI’s Global AI Ambitions
Samsung Display to end its LCD business focusing on the more promising QD LED market./ photo taken from Samsung website
AI

Inside Stargate: How Samsung and SK Are Powering OpenAI’s Global AI Ambitions

October 7, 2025
Samsung Launches TRUEBench: A Benchmark for Real-World AI Productivity
Samsung Display to end its LCD business focusing on the more promising QD LED market./ photo taken from Samsung website
AI

Samsung Launches TRUEBench: A Benchmark for Real-World AI Productivity

September 29, 2025
South Korea, BlackRock Team Up to Build Hyperscale AI Data Center Hub
Samsung Display to end its LCD business focusing on the more promising QD LED market./ photo taken from Samsung website
Data Center

South Korea, BlackRock Team Up to Build Hyperscale AI Data Center Hub

October 1, 2025
Samsung AI Forum 2025: Could its AI Agents Change How We Interact with Technology?
Samsung Display to end its LCD business focusing on the more promising QD LED market./ photo taken from Samsung website
AI

Samsung AI Forum 2025: Could its AI Agents Change How We Interact with Technology?

September 25, 2025
Samsung SDS Unveils Full-Stack AI Strategy to Drive Enterprise Transformation
Samsung Display to end its LCD business focusing on the more promising QD LED market./ photo taken from Samsung website
AI

Samsung SDS Unveils Full-Stack AI Strategy to Drive Enterprise Transformation

September 24, 2025
Global API Standardization Gets a Push with SK Telecom–Aduna Partnership
Samsung Display to end its LCD business focusing on the more promising QD LED market./ photo taken from Samsung website
AI

Global API Standardization Gets a Push with SK Telecom–Aduna Partnership

September 23, 2025
No Result
View All Result

Most Popular

  • Ride-Hailing Rivalry: Kakao and Uber Bet on Membership Services in Korea

    0 shares
    Share 0 Tweet 0
  • Kakao Mobility Faces $10.5 Million Fine for Limiting Competitors’ Access to Taxi Platform

    0 shares
    Share 0 Tweet 0
  • Korea’s Navigation Battle Heats Up: Naver and Kakao vs. Google maps

    0 shares
    Share 0 Tweet 0
  • 5 Best Korean to English Translation Apps

    0 shares
    Share 0 Tweet 0
  • Naver Launches 3D Street View for Immersive Navigation Experience

    0 shares
    Share 0 Tweet 0
  • KakaoTalk to Adopt Instagram-Style Feed in Major 2025 Redesign

    0 shares
    Share 0 Tweet 0
  • Naver Maps Launches Guide in English, Chinese, and Japanese to Enhance Travel Experience for Tourists

    0 shares
    Share 0 Tweet 0
  • Top Nine Mobile MMORPG in South Korea for 2020

    0 shares
    Share 0 Tweet 0
  • Naver Unveils Asia’s Largest Data Center, GAK Sejong, for Tech Innovation

    0 shares
    Share 0 Tweet 0
  • South Korea Invests $1.1B to Build National AI GPU Infrastructure

    0 shares
    Share 0 Tweet 0

PRODUCTS

[ads_amazon]

TOPICS

  • Naver
  • Kakao
  • Nexon
  • Netmarble
  • NCsoft
  • Samsung
  • Hyundai

FREE NEWSLETTER

FOLLOW US

  • About Us
  • Cookie policy
  • home
  • homepage
  • mainhome
  • Our Services
  • Privacy Policy
  • Terms of Use

Copyright © 2024 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |

No Result
View All Result
  • Topics
    • Naver
    • Kakao
    • Nexon
    • Netmarble
    • NCsoft
    • Samsung
    • Hyundai
    • SKT
    • LG
    • KT
    • Retail
    • Startup
    • Blockchain
    • government
  • Lists

Copyright © 2024 KoreaTechToday | About Us | Terms of Use |Privacy Policy |Cookie Policy| Contact : [email protected] |