On April 20, according to foreign media reports, Samsung Display, a subsidiary of Samsung, is an important global LCD panel manufacturer. Last year, its large-size panel production capacity accounted for 14.4 percent of the world's total.
However, in a report at the end of March, foreign media revealed that Samsung will withdraw from the LCD panel market at the end of this year to accelerate the company's decision to shift to the quantum dot panel market. The LCD panels required by Samsung Electronics' products will be purchased from other manufacturers. LCD panels will be purchased from Sharp.
In the latest report, foreign media pointed out that Samsung's withdrawal from the LCD panel market will benefit competitors, but it is not surprising that Samsung's withdrawal from this field.
Foreign media believe that Samsung's exit from the LCD panel market is not unexpected. The main reason is that Samsung's business has continued to lose money in recent quarters. After the production capacity of competitors has increased significantly, Samsung faces challenges in this field. The four quarters of 2019 There are losses in this area.
In the report, Chinese and foreign media also mentioned that the price of LCD panels did rise at the beginning of this year, but the subsequent epidemic affected the price increase, and consumer demand for TVs also weakened, prompting Samsung to accelerate its withdrawal from the LCD panel market.
