In March of this year, it was reported that by the end of 2020, Samsung Display will completely cease the production of liquid crystal (LCD / LCD) displays for TVs. And now it became known that the company has made changes to its plans.
We are talking about the production of LCD panels at the L8 facility in Asan (Chuncheonnam-do province, South Korea). Displays at this plant are now expected to be phased out by the end of March. The postponement is due to the pandemic as well as the increased demand for LCD screens.
In the near future, Samsung intends to find a buyer for the equipment used at the named enterprise. Some of the equipment has already been sold to the Chinese company Efonlong, which specializes in the production of displays. The South Korean giant expects to decide on a buyer for the remaining equipment by February next year.
Samsung is phasing out LCD panel production as part of a strategy to promote other display technologies. These are, in particular, quantum dot screens (QLED). The phasing out of LCD panels will help Samsung increase shipments of other types of displays.
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