Samsung Display will stop making LCD panels at its South Korean and Chinese factories by the end of 2020, CNET sis website ZDNet reported Tuesday. It’ll obviously move employees onto its quantum dot (QD) and natural light-emitting diode (OLED) production.
The business has 2 assembly line in its native South Korea and 2 LCD-only factories in China, Reuters kept in mind, and hasn’t identified its precise strategies with the latter yet. Most of the LCD panels made in these factories are utilized in Samsung Electronics’ Televisions.
Last October, it revealed a five-year 13.1 trillion won (about $10.7 billion) financial investment in updating its assembly line for QD screens for future TELEVISION designs.
The business didn’t right away react to an ask for remark.