lcd panel samsung manufacturer
In 1991, a business unit called Samsung Display was formed to produce the panels used in products made by its parent company, Samsung Electronics. Afterward, it was a leading supplier of LCD panels not just for Samsung Electronics but for other companies in the industry as well.
The business received a stay of execution when the pandemic led to a global surge in demand for consumer electronics, but that demand is now declining, and projections aren"t good for LCD panel revenue.
Add to that the fact that emerging technologies like QD-OLED are the future for TV and monitors, and the case for keeping Samsung Display"s LCD business going becomes a hard one to make.
It was previously reported that Samsung planned to sunset the business at the end of 2020, but The Korea Times claims that the faster-than-expected falloff in consumer demand accelerated the timeline.
Samsung Display will now focus heavily on OLED and quantum dot. Most of the employees working in the LCD business will move to quantum dot, the publication claims.
The Korea Times has accurately reported similar stories like this before, but it has also occasionally missed the mark, so keep an eye out for an official statement from Samsung.
Even if there isn"t a statement about a change in direction, the writing has been on the wall for Samsung"s LCD business. Unless something radical changes, it"s more a question of when than if at this point.
Samsung Display (Hangul: 삼성디스플레이), formerly S-LCD Corporation (Hangul: 에스 엘시디, Japanese: エス・エルシーディー), is a South Korean manufacturer of OLED panels and formerly a manufacturer of amorphous TFT LCD panels, owned by Samsung Electronics.
The company was established in April 2004 in Chungcheongnam-do, South Korea as a joint venture between Samsung Electronics Co. Ltd (51% share) and Sony Corporation (now known as Sony Group Corporation)(49% share).
S-LCD, as of April 25, 2008, operated with a monthly production capacity of 100,000 seventh-generation amorphous silicon (a-Si) panels and 50,000 eighth-generation panels based on PVA technology,Samsung Electronics and Sony LCD televisions. S-LCD originally had production facilities in both Japan and South Korea. Due to rising costs and an increasing demand from the Latin American market, S-LCD opened production facilities in Baja California, Mexico, where both Samsung and Bravia have large LCD production facilities.
On December 26, 2011, Samsung Electronics announced that it will acquire all of Sony"s shares. On January 19, 2012, Sony sold to Samsung all of its shares of S-LCD for 1.07 trillion Korean won (72 billion Japanese yen) in cash.
2008: Sony and Samsung announce that due to increased demand, a second eighth-generation production line will operate in the S-LCD factory in the second quarter of 2009.Sharp Corporation, in order to compete effectively with Samsung, a task made difficult by their current collaboration.
December 2011: The company"s partners announce that Samsung will acquire Sony"s entire stake in the joint venture, making S-LCD Corporation a wholly owned subsidiary of Samsung Electronics.
The decision to close the LCD business, by Samsung Display, will be completed by June of 2022 as the company faces tough competition from its Chinese and Taiwanese counterparts, reports GizmoChina.
The company has decided to focus on manufacturing organic light-emitting diode (OLED) and quantum dot (QD) displays, as OLED panels have started to become the norm in the smartphone market.
A recent Display Supply Chain Consultants (DSCC) revealed that the price of an LCD is 36.6 per cent of what it used to be in January 2014, the component"s peak production period.
No investment plan details have since been announced, and the employees of the LCD business are expected to be transferred to the QD business, the report said.
Samsung Display had decided to close its LCD business in late 2020, but the plans were delayed at Samsung Electronics" request due to a sudden increase in the prices of LCD panels during the Covid-19 pandemic.
Samsung Display will cease manufacturing liquid crystal displays for TV screens in June, six months earlier than expected. This is due to growing losses driven by cheaper rival products, according to industry sources reported in the Korea Times(opens in new tab).
Instead, the company will concentrate on its production of OLEDand quantum dot displays, with employees from its LCD arm expected to be transferred to the latter business.
Figures provided by U.S market research firm Display Supply Chain Consultants (DSCC) suggest that the average price index of LCD panels will fall to 36.6 in September when measured against a score of 100 in January 2014, beating its previous record low of 41.5 in April.
Samsung Display"s profits from LCD production have been declining for several years due to increased competition from Chinese and Taiwanese manufacturers, and the company was said to be considering withdrawing from the market in 2020. However, the COVID-19 pandemic saw a surge in demand for LCD TVs, with the average price index peaking at a record high of 87 in June 2021, 58% higher than where it currently stands. Samsung Display postponed winding up its LCD operation to take advantage of this temporary boom which has now slumped considerably.
Samsung Electronics, the biggest customer of Samsung Display"s panels, has already found new suppliers for its LCDs having partnered up with Taiwanese display manufacturer AU Optronics Corp in 2020, followed by Chinese component producer BOE Technology Group earlier this year.
Earlier this month, Samsung Display"s fellow South Korean counterpart LG Display was reported to be considering its own exit from LCD panel production, according to The Korean Economic Daily.(opens in new tab) Insiders have speculated that LG Display is likely to cease its LCD operations favouring OLED production after noting that the company had cut back on its use of glass substrates at its LCD facilities.
A promotional image of a quantum-dot LED TV (Samsung Electronics)Samsung Display, the display making arm of Samsung Electronics, is poised to fully shut down its unprofitable liquid crystal display panel business for televisions in June, after over 30 years of operation.
“(Samsung Display) will terminate its supply of LCD panels in June,” an industry source said Monday. The company has been manufacturing its lower-end panels in Asan, South Chungcheong Province.
The long-awaited move came as LCD TV panel prices have been on a constant decline. This led to greater losses for Samsung Display, while Chinese competitors have been ramping up their dominance in the global industry supported by state subsidies and tax breaks.
LCD TVs are considered lower-end when compared to those using cutting-edge TV components such as organic light-emitting diode panels and quantum dot display panels.
According to market intelligence firm Omdia‘s estimate compiled by Daishin Securities, 43-inch LCD panel prices fell 46 percent from September 2021 to May this year, while that of 55-inch panels and 65-inch panels both declined 34 percent over the cited period.
This marks the end of Samsung’s three-decade LCD TV panel business. Once the largest LCD TV panel supplier in the world, Samsung Display‘s market share has gradually shrunk from 22 percent in 2014 to around 2 percent this year.
Samsung Display had sought to exit the business from before 2021, but has been hanging on in part due to Samsung Electronics’ LCD panel supply shortage.
Choi Kwon-young, executive vice president of Samsung Display, confirmed the company’s full exit from the LCD TV panel business within this year in a first-quarter conference call in April.
Given that Samsung’s LCD TV panel exit has long been anticipated and carried out gradually, Samsung Electronics will “unlikely be affected by Samsung Display‘s LCD panel exit” in terms of its continuity in the LCD TV set business, noted Kim Hyun-soo, an analyst at Hana Financial Investment on Monday.
Samsung looks to pivot to quantum dot display technologies for its TV panel business, using quantum dot light-emitting diodes or quantum dot organic light-emitting diodes.
As for the anticipated collaboration between TV maker Samsung Electronics and the world‘s sole white-OLED TV panel supplier LG Display, Kim of Hana said the launch of Samsung’s OLED TV is unlikely within this year due to prolonged negotiations.
It’s the end of an era for LCD panels, or at least for those manufactured by Samsung. The Korean firm has been teasing the end of its LCD manufacturing for years, but now, the deadline is about to be reached. From June 2022, Samsung Display will no longer produce liquid-crystal displays (LCD). This does not mean that the end of LCD panels in smartphones, computers, and other electronics. It’s just Samsung leaving the segment due to tough competition from its Chinese and Taiwanese counterparts.
Instead of keeping a tepid LCD business, the company will shift efforts to OLED (organic light-emitting diode) and QD displays. The OLED panels have become the “best” for the smartphone market. There is still a predominance of LCD screens, but most of the flagship, premium mid-range, and even conventional smartphones are getting OLED displays nowadays. LCDsare still very popular in the segment of PCs and laptops, however.
According to Display Supply Chain Consultants (DSCC), the average price index of LCD panels, measured against 100 in January 2014, will fall to 36.6 in September of this year. The figure has dropped farther from the record low of 41.5 in April of this year. It’s also 58 percent lower than the record high of 87 in June 2021.
Unfortunately, no investment plan details have since been announced. However, the employees of the LCD business should retain their jobs. The company will likely move them to the Quantum Dot Display business. Worth noting, that Samsung has been trying to leave the LCD segment since 2020. The initial plan was to close the business at the end of 2020. However, these plays have been delayed by Samsung Electronics. The sudden increase in the prices of the LCD panels during the COVID-19 pandemic urged Samsung Display to keep the manufacturing for a while. This resulted in an entire 2021 of continuous manufacturing. Now, however, the business seems to have reached the deadline.
The display affiliate was first formed in 1991, as an LCD business arm under Samsung Electronics. It formally launched in 2021, as Samsung Display. It has merged with three local and Japanese makers of active-matrix organic light-emitting diodes (AMOLED), for the production of advanced types of displays. The company will no longer produce the panels for Samsung TVs which will likely push forward the portfolio of QD and OLED smart TVs.
The mid-range segment of smartphones may not suffer a big impact. After all, there are countless LCD makers still operating in the industry. As far as the mobile segment is concerned, the company is doing a good job. The Galaxy S22 series is successful in China, and the company is preparing the terrain for the Galaxy Z Fold 4. The flagships and the foldable offer the best Samsung has been developing in display tech.
A promotional image of a quantum-dot LED TV (Samsung Electronics)Samsung Display, the display making arm of Samsung Electronics, is poised to fully shut down its unprofitable liquid crystal display panel business for televisions in June, after over 30 years of operation.
“(Samsung Display) will terminate its supply of LCD panels in June,” an industry source said Monday. The company has been manufacturing its lower-end panels in Asan, South Chungcheong Province.
The long-awaited move came as LCD TV panel prices have been on a constant decline. This led to greater losses for Samsung Display, while Chinese competitors have been ramping up their dominance in the global industry supported by state subsidies and tax breaks.
LCD TVs are considered lower-end when compared to those using cutting-edge TV components such as organic light-emitting diode panels and quantum dot display panels.
According to market intelligence firm Omdia‘s estimate compiled by Daishin Securities, 43-inch LCD panel prices fell 46 percent from September 2021 to May this year, while that of 55-inch panels and 65-inch panels both declined 34 percent over the cited period.
This marks the end of Samsung’s three-decade LCD TV panel business. Once the largest LCD TV panel supplier in the world, Samsung Display‘s market share has gradually shrunk from 22 percent in 2014 to around 2 percent this year.
Samsung Display had sought to exit the business from before 2021, but has been hanging on in part due to Samsung Electronics’ LCD panel supply shortage.
Choi Kwon-young, executive vice president of Samsung Display, confirmed the company’s full exit from the LCD TV panel business within this year in a first-quarter conference call in April.
Given that Samsung’s LCD TV panel exit has long been anticipated and carried out gradually, Samsung Electronics will “unlikely be affected by Samsung Display‘s LCD panel exit” in terms of its continuity in the LCD TV set business, noted Kim Hyun-soo, an analyst at Hana Financial Investment on Monday.
Samsung looks to pivot to quantum dot display technologies for its TV panel business, using quantum dot light-emitting diodes or quantum dot organic light-emitting diodes.
As for the anticipated collaboration between TV maker Samsung Electronics and the world‘s sole white-OLED TV panel supplier LG Display, Kim of Hana said the launch of Samsung’s OLED TV is unlikely within this year due to prolonged negotiations.
Samsung Display will stop producing LCD panels by the end of the year. The display maker currently runs two LCD production lines in South Korea and two in China, according to Reuters. Samsung tells The Verge that the decision will accelerate the company’s move towards quantum dot displays, while ZDNetreports that its future quantum dot TVs will use OLED rather than LCD panels.
The decision comes as LCD panel prices are said to be falling worldwide. Last year, Nikkei reported that Chinese competitors are ramping up production of LCD screens, even as demand for TVs weakens globally. Samsung Display isn’t the only manufacturer to have closed down LCD production lines. LG Display announced it would be ending LCD production in South Korea by the end of the 2020 as well.
Last October Samsung Display announced a five-year 13.1 trillion won (around $10.7 billion) investment in quantum dot technology for its upcoming TVs, as it shifts production away from LCDs. However, Samsung’s existing quantum dot or QLED TVs still use LCD panels behind their quantum dot layer. Samsung is also working on developing self-emissive quantum-dot diodes, which would remove the need for a separate layer.
Samsung’s investment in OLED TVs has also been reported by The Elec. The company is no stranger to OLED technology for handhelds, but it exited the large OLED panel market half a decade ago, allowing rival LG Display to dominate ever since.
Although Samsung Display says that it will be able to continue supplying its existing LCD orders through the end of the year, there are questions about what Samsung Electronics, the largest TV manufacturer in the world, will use in its LCD TVs going forward. Samsung told The Vergethat it does not expect the shutdown to affect its LCD-based QLED TV lineup. So for the near-term, nothing changes.
One alternative is that Samsung buys its LCD panels from suppliers like TCL-owned CSOT and AUO, which already supply panels for Samsung TVs. Last year The Elec reported that Samsung could close all its South Korean LCD production lines, and make up the difference with panels bought from Chinese manufacturers like CSOT, which Samsung Display has invested in.
Samsung has also been showing off its MicroLED display technology at recent trade shows, which uses self-emissive LED diodes to produce its pixels. However, in 2019 Samsung predicted that the technology was two or three years away from being viable for use in a consumer product.
2 Min ReadFILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea January 7, 2019. Picture taken January 7, 2019. REUTERS/Kim Hong-Ji
SEOUL (Reuters) - South Korean panel maker Samsung Display has decided to end all of its production of liquid crystal display (LCD) panels in South Korea and China by the end of this year, a spokeswoman said on Tuesday.
Samsung Display, a unit of South Korean tech giant Samsung Electronics Co Ltd, said in October that it suspended one of its two LCD production lines at home amid falling demand for LCD panels and a supply glut.
The investment for the next five years will be focused on converting one of its South Korean LCD lines into a facility to mass produce more advanced “quantum dot” screens.
Samsung Display’s cross-town rival LG Display Co Ltd said earlier this year that it will halt domestic production of LCD TV panels by the end of 2020.
At present, markets such as large-screen TVs are still inseparable from LCD panels. Several Chinese panel manufacturers have surpassed Samsung and LG to become the main LCD panel manufacturers in recent years. Korean companies are no longer able to compete. Samsung will stop the production of LCD panels half a year ahead of schedule. Samsung used to be the largest LCD panel manufacturer, but in recent years, Chinese companies such as BOE and CSOT have rapidly expanded their market shares. Samsung and LG have continued to retreat, making BOE surpass LGD in 2018. As of now, BOE is now the world’s largest manufacturer of LCD panels.
Samsung originally planned to stop the production of LCD panels by the end of 2020. However, the LCD panel market started to increase prices in the past year or so. This made Samsung’s LCD factory continue to operate for another two years. However, the company originally plans to exit the market at the end of 2022. Nevertheless, the LCD panel market has changed since the end of last year. The price has been falling significantly and it is now on a free fall. By January this year, the average price of a 32 -inch panel was only $ 38, a 64% drop relative to January last year.
This situation is making Samsung rethink its initial exit plans. The South Korean manufacturing giant is now planning to withdraw from LCD panel production half a year ahead of schedule. It will stop production in June this year. Samsung Display, a subsidiary of Samsung Electronics, will turn to higher-end QD quantum dot panels. The LCD panels that the company needs will turn to procurement.
According to information released by Samsung Electronics, the company’s three major suppliers of LCD panels are BOE, Huaxing Optoelectronics, and AUO, all of which are Chinese companies. The first two are local companies, and they are the first and second-largest suppliers of LCD.
Due to high demand in South Kore, Samsung Display had to extend its production of Liquid Crystal Display (LCD) panels for TVs and monitors in South Korea. Its exit from the LCD market will give the company room to concentrate on more advanced technologies.
Samsung’s delay in closing the LCD panel plant will increase the production area and there is the risk of material shortages. Thus, the dipping price of LCD panels gives the company all the reasons it needs to quit the market.
Among the world famous brands, the screen of South Korea"s samsung and LG is known to be produced and sold by themselves.Display screens of other niche brands, and those brands capable of self-production and self-marketing, also have an unassailable position in their own segments, facing various brands.For buyers, how to find suitable suppliers from these LCD panel manufacturers?
The world-renowned LCD panel production line is mainly controlled by several enterprises: au optronics in Taiwan;Chi mei electronics in Taiwan, China;Sharp, Japan;South Korea samsung, South Korea LG;Philips;Boe, etc.These companies supply the world"s main demand for liquid crystal displays.
LG Display is currently the world"s first LCD panel manufacturer. It is affiliated to LG group and headquartered in Seoul, South Korea.Its subsidiaries are: LG electronics, LG display, GS caltex, LG chemistry, LG life and health, etc., covering the fields of chemical energy, electronics and appliances, communication and service.LG Display"s customers include Apple, HP, DELL, SONY, Toshiba, PHILIPS, Lenovo, Acer and other world-class consumer electronics manufacturers.LG"s manufacturing base in China is in nanjing, shenyang.
Samsung electronics is South Korea"s largest electronics company and the largest subsidiary of the samsung group.Its product development strategy emphasizes not only the matching principle of "leading technology, using the most advanced technology to develop new products in the leading-in stage to meet the high-end market demand", but also the matching principle of "leading technology, using the most advanced technology to develop new products, creating new demand and new high-end market".Samsung"s customers are mainly targeting samsung itself.Samsung"s manufacturing base in China is in suzhou, nanjing.
Innolux is a tft-lcd panel manufacturing company founded by foxconn technology group in 2003.The factory is located in longhua foxconn technology park in shenzhen.Innolux has a strong display technology research and development team, coupled with foxconn"s strong manufacturing capacity, to effectively play the vertical integration benefits, to improve the level of the world plane display industry will have a pointer contribution.In March 2010, it merged with chi mei electronics and tong bao optoelectronics.
Au optronics, formerly known as acer technology, was founded in August 1996. It was renamed au optronics after the merger of au optronics and united optronics in 2001.Au optronics is the world"s first tft-lcd design, manufacturing and development company to be publicly listed on the New York stock exchange (NYSE).
Boe, founded in April 1993, is the largest display panel manufacturer in China and a provider of Internet of things technology, products and services.At present, boe has reached the world"s first place in the field of notebook LCD, flat LCD and mobile LCD. With its success in joining the apple supply chain, boe will become the world"s top three LCD panel manufacturers in the near future.
Sharp is known as "the father of LCD panel".Since its founding in 1912, sharp corporation has been developing the world"s first calculator and liquid crystal display, represented by the live pencil, which is the name of the company. At the same time, sharp corporation has been actively expanding new fields, contributing to the improvement of human living standards and social progress.Sharp is already owned by foxconn.
The company has set up tft-lcd key materials and technology national engineering laboratory, national enterprise technology center, post-doctoral mobile workstation, and undertakes national development and reform commission, ministry of science and technology, ministry of industry and information technology and other major national special projects.The company"s strong technology and scientific research capabilities become the cornerstone of the company"s sustainable development.