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Last updated: July 1st, 2020 at 09:52 UTC+02:00
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Samsung Display has announced that it has brought in Quantum Dot display manufacturing equipment and has transported it to its Asan plant that's situated 90km away from Seoul, South Korea. The transition is expected to be completed by the end of 2020, and multiple test operations stages are scheduled for early next year. QLED displays offer higher brightness and more color volume than traditional LCD displays.
Last October, the company announced its plans to invest KRW 13 trillion (around $10.8 billion) by 2025 to upgrade its LCD plants to QLED plants. Since then, the company has been working on the upgrade process. Samsung Display is also working on improving the profitability factor in manufacturing QLED screens.
The company had temporarily increased the production of LCD panels as COVID-19 boosted the demand for monitors. Samsung had stopped the manufacturing of LCD panels last year due to lower sales and surplus stocks as Chinese firms started selling the bulk of LCD TVs in the lower-end segment. Now, the company is focusing on QLED, microLED, and QD-OLED technologies for its TVs.
Asif is a computer engineer turned technology journalist. He has been using Samsung phones since 2004, and his current smartphone is the Galaxy S21 Ultra. He loves headphones, mechanical keyboards, and PC hardware. When not writing about technology, he likes watching crime and science fiction movies and TV shows.