Continuing To Lose Money, Samsung Display No Longer Uses LCD Panels

JAKARTA - It seems that the Liquid Crystal Display screen business or better known as LCD is no longer profitable. It is evident from television vendors such as Samsung Display that they are starting to think about stopping the production of LCD panels by the end of next year.

The Verge reports that the decision will accelerate the company's move towards Quantum Dot (QD) displays, while future QD TV technology will use OLED rather than LCD panels. This is because Samsung sees LCD prices have dropped dramatically in the world market.

The only competitor remaining in the production of LCD panel technology is China. However, Samsung has made up its mind, to no longer manufacture or sell LCD panel-based TVs. Because many people are turning to digital platforms.

It is known, Samsung Display is not the only LCD manufacturer to switch this business. LG Display also announced plans to shut down LCD production in South Korea at the end of 2020. Last October Samsung Display announced it had invested for five years worth US $ 10.7 billion in quantum dot technology for its upcoming TV products, as it shifted production from LCDs.

Launching the official Samsung Display page, the company is currently undergoing an overhaul of investment and plans to change the direction of technology policy on a large scale. Where Samsung will replace the LCD panel into a Quantum Dot Display for its future products.

Even so, Samsung will still prepare a number of supporting parts for devices that still use LCD panels. This was done before completely changing the course of the industry.

To The Verge, a source from Samsung Electronics hopes that the closure of LCD panel production will not affect sales of QLED TVs. This is because the QLED TV manufacturing base still uses the technology framework from the LCD.

On the other hand, Samsung has also showcased its MicroLED display panel technology, which is based on manufacturing emissive LED diodes to produce pixel colors. Samsung estimates that in the next two or three years, this technology will begin to be marketed.