Samsung shut downs LCD manufacturing six months ahead of schedule

Samsung Display will shut down its LCD production at the end of June, full six months ahead of the previously announced schedule. Industry insiders revealed competition has been too fierce and Samsung Group wanted to limit losses.

Samsung Display will focus on manufacturing OLED and QD (quantum-dot) panels, and its employees are expected to be transferred to the QD business.

Reports from Display Supply Chain Consultants revealed the price of an LCD is 36.6% of what it used to be in January 2014, the component’s peak production period. This is in no small part due to makers like…

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