Company Samsung Display planned to end production of LCD screens by the end of 2023. But, as the partners of the South Korean giant say, she decided to postpone this case for a short time.
The reason for the change in plans is related to the COVID-19 pandemic and the recent rise in demand for LCD screens. Samsung is also in talks with various companies to sell its equipment. The giant will identify a buyer by February 2023 and stop production of LCDs by March…
The company has already signed a contract to sell the Suzhou plant to a Chinese firm CSOT (China Star Optoelectronics Technology)which manufactures LCD and OLED panels. Earlier this year, Samsung sold a piece of equipment from its factory. L8 Efonlong, another Chinese display company.
In March 2023, the company will completely switch to production QLED-TV sets.
Read also: Smart TVs of the next generation: Samsung registers the Quantum Mini LED trademark…
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