Samsung stops producing LCD screens by the end of the year

Samsung Display has announced that it will stop producing liquid crystal displays (LCD) in South Korea and China by the end of this year, and the South Korean company, the screen manufacturing unit in Samsung, said the decision was made to provide more resources for quantum dot screens (QD ).

As part of the decision, existing employees in the LCD production sector will be transferred to the OLED and QD screens production sector, and Samsung Display said that the company will continue to supply LCD screens to customers without problems until the end of the year.

The factories that still produce LCD screens are located in Asan, South Korea and Suzhou, China. Most of the LCDs produced by these factories are used by the TV sector of Samsung Electronics to produce their QLED branded televisions.

And it was widely expected (Samsung Display) step to end the production of (LCD) screens after announcing in October of a $ 11 billion investment in facilities and research to upgrade the QD screen production line, in light of the increase in supply amid weak global demand for phones. Smart TVs.

(Samsung Display) began since its announcement in October of the new investment in reducing its production capacity for liquid crystal displays, with the focus during the next five years on converting LCD production lines into more advanced production lines for QD screens.

Separately, the Chinese company Hikvision, which is famous for manufacturing video surveillance equipment, launched a new group of LED screens, which constitutes its first attempt to enter the commercial screen market, and Hikvision's decision to enter a new business sector comes after its inclusion in the American blacklist. In October of last year.

The Chinese surveillance camera giant was added to the blacklist because of the US government's allegations that it was involved in human rights violations and abuses related to the implementation of a campaign of mass repression and arbitrary detention by China against Uighurs, Kazakhs, and other members of Muslim minorities in the Xinjiang region.

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