SamMobile has affiliate and sponsored partnerships. If you buy something through one of these links, we may earn a commission. Learn more.

Samsung Display wants to keep making LCD panels for now


Last updated: May 27th, 2021 at 12:22 UTC+02:00

Due to declining demand for LCD panels and rising competition from Chinese display makers, Samsung Display was reportedly thinking about getting out of the LCD business altogether.

Earlier reports had revealed that Samsung Display wanted to stop all LCD production by the end of 2020. However, it had postponed its plans at the request of Samsung Electronics for some time. It appears now that the company will continue making LCD panels for the foreseeable future.

Rising demand keeps Samsung Display interested

Samsung Electronics had made the request as it saw an increase in demand for monitors and TVs. The demand was primarily driven by people having to spend more time indoors due to the pandemic. Had Samsung Display stopped making the panels, Samsung Electronics would have had to source them from LG.

Samsung Display will thus continue to supply LCD panels now. The company’s CEO Joo-sun Choi has sent an email to executives confirming that Samsung Display is considering extending the production of large LCD panels by the end of next year.

Last year’s increase in demand also caused an increase in panel prices. Having to source them from outside the conglomerate would have likely cost Samsung Electronics more. By retaining its integrated supply chain, it can cater to that demand more effectively.

“We are considering a plan to continue LCD production until next year, considering the company’s profits first and reflecting the market conditions,” said a Samsung Display official.

Display Samsung Display
Load 0 comments

You might also like

Samsung’s new OLED technology can help make truly bezel-less pho …

Samsung Display, the world’s best OLED panel manufacturer for smaller devices, has developed a new techn …

  • By Asif Iqbal Shaik
  • 10 hours ago

Top Korean court rules Samsung Display didn’t steal OLED tech fr …

Samsung is no stranger to lengthy legal battles and the company’s display affiliate has just scored a ma …

  • By Adnan Farooqui
  • 3 days ago

Samsung Display to supply Apple with 80 million iPhone 14 OLED panels

Samsung Display will have tens of millions of OLED orders to fulfill for Apple later this year. The latter com …

  • By Mihai Matei
  • 3 days ago

Samsung to relocate 300 workers from closed TV LCD division to chip un …

According to insider sources, Samsung is planning to move around 300 workers from its now-closed TV LCD panel …

  • By Sagar Naresh
  • 1 week ago

Samsung’s newly-trademarked “UDR” could refer to Ult …

Samsung Display has filed a trademark application with KIPRIS for the “UDR” name, with no further …

  • By Mihai Matei
  • 2 weeks ago

Samsung unveils world’s first 240Hz OLED display for laptops

Samsung Display, the world’s biggest OLED display manufacturer for small and medium-sized panels, has an …

  • By Asif Iqbal Shaik
  • 2 weeks ago