Samsung display is approved (Samsung will permanently terminate LCD production due to oversupply and insufficient demand)

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After the production of AMOLED monitors surpasses that of LCD in the third quarter of 2019, Samsung displays will stop production by the end of 2020 to further distance themselves from LCD.

According to Reuters, all production of Samsung's two LCD production lines in South Korea and South Korea will be closed by the end of 2020. Samsung suspended a production line of South Korean liquid crystal displays in October because of insufficient demand for panels. As an adequate supply. The company's statement said:

We will provide our customers with ordered LCD monitors by the end of this year without any problems.

Similarly, due to weak global demand for smartphones and televisions, Samsung said it made a plan in October to invest 13.1 trillion won ($10.72 billion) to upgrade its facilities and production lines.

Although South Korea's LCD production line will be transformed into mass production of its "quantum dot" displays within the next five years, there are no current plans to build a factory.