papasouzakias
Supreme Member
- 13 May 2009
- 4,519
Korea’s top panel names Samsung Display Co. and LG Display Co. are on path to exit from LCD business to concentrate fully on organic or quantum dot displays to keep Chinese rivals at bay.
Despite turmoil from virus pandemic, Samsung Display is committed to its LCD phase-out by the end of 2021 to back proprietary quantum-dot (QD) technology as its mainstay panel. In October last year, the company unveiled a plan to invest total 13.1 trillion won ($10.7 billion) on QD display plants and R&D projects through 2025.
The company currently is converting its existing LCD lines to make large-sized QD displays. Its first QD display plant in Asan, south of Seoul, is scheduled to start operation in the first half of next year to produce 30,000 sheets of 8.5-generation display panel per month for 65-inch screens.
Samsung Display is concentrating its efforts on the conversion for commercial production of QD displays next year, said an industry expert. The company reportedly is also seeking new clients aggressively to replace LCD customers.
LG Display also has been accelerating migration to OLED. The company will stop producing LCD panels for TVs in Korea by the end of this year. The lines will turn out smaller LCD panels for car screen, monitors and laptops. The company aims to generate more than 50 percent of its revenue from OLED business from next year, now that OLED plant in Guangzhou, China becomes fully operational this year.
The company recently carried out massive restructuring including layoffs for its LCD business. Also, its management reportedly is negotiating with labor union on changing work hours to cut production costs.
The migration has gained speed after Chinese display panel makers began to jump in the OLED market. China Star Optoelectronics Technology, subsidiary of Chinese electronics maker TCL Technology, is building a factory to produce large-sized OLED panels for TVs. Another Chinese maker HKC also is readying to make large-sized OLED panels with a target to start mass production next year.
https://pulsenews.co.kr/view.php?year=2020&no=497736
Despite turmoil from virus pandemic, Samsung Display is committed to its LCD phase-out by the end of 2021 to back proprietary quantum-dot (QD) technology as its mainstay panel. In October last year, the company unveiled a plan to invest total 13.1 trillion won ($10.7 billion) on QD display plants and R&D projects through 2025.
The company currently is converting its existing LCD lines to make large-sized QD displays. Its first QD display plant in Asan, south of Seoul, is scheduled to start operation in the first half of next year to produce 30,000 sheets of 8.5-generation display panel per month for 65-inch screens.
Samsung Display is concentrating its efforts on the conversion for commercial production of QD displays next year, said an industry expert. The company reportedly is also seeking new clients aggressively to replace LCD customers.
LG Display also has been accelerating migration to OLED. The company will stop producing LCD panels for TVs in Korea by the end of this year. The lines will turn out smaller LCD panels for car screen, monitors and laptops. The company aims to generate more than 50 percent of its revenue from OLED business from next year, now that OLED plant in Guangzhou, China becomes fully operational this year.
The company recently carried out massive restructuring including layoffs for its LCD business. Also, its management reportedly is negotiating with labor union on changing work hours to cut production costs.
The migration has gained speed after Chinese display panel makers began to jump in the OLED market. China Star Optoelectronics Technology, subsidiary of Chinese electronics maker TCL Technology, is building a factory to produce large-sized OLED panels for TVs. Another Chinese maker HKC also is readying to make large-sized OLED panels with a target to start mass production next year.
https://pulsenews.co.kr/view.php?year=2020&no=497736