Samsung to end LCD business after 30 years, confirms exit in early June

Core Tip: Samsung Display (Samsung Display) plans to shut down the LCD liquid crystal production line, because the epidemic and demand have been pushed again and again. According to a report by Korean media THELEC on May 25, Samsung Electronics is currently accepting applications from Samsung Display employees to be transferred to the DS Business Packaging Division. The transfer arrangement is about 300 people. It is reported that Samsung Display will end its liquid crystal display (LCD) in early June. business.
Samsung Display (Samsung Display) plans to shut down the LCD liquid crystal production line, because the epidemic and demand have been pushed again and again. According to a report by Korean media THELEC on May 25, Samsung Electronics is currently accepting applications from Samsung Display employees to be transferred to the DS Business Packaging Division. The transfer arrangement is about 300 people. It is reported that Samsung Display will end its liquid crystal display (LCD) in early June. business.

Samsung Display decided to withdraw from the LCD production line business in 2020, but Samsung Electronics still has demand for large-screen LCDs, so Samsung Display shut down some LCD production lines and kept large-scale LCD production lines in normal operation. With the gradual increase in the yield of Samsung's QD-OLED self-emissive panels, the large-size LCD panel production line is scheduled to stop at the end of June 2022.

Samsung Electronics established a thin-film transistor (TFT)-LCD business task force in 1991 and officially entered the LCD business. In 1992, a 10.4-inch video graphics array (VGA) TFT-LCD was developed.

In April 2012, Samsung Electronics' LCD division was split into Samsung Display, and with the end of the LCD business in June, Samsung Display's LCD business ended its 30-year history.

It is reported that Samsung's large-scale LCD production line has about 1,000 employees. From the perspective of Samsung Electronics, it will accept 300 of them when it urgently needs to secure semiconductor talents. In the next five years, Samsung Electronics will invest 450 trillion won in semiconductors, biotechnology, AI (artificial intelligence), 6G and other fields, announcing that it will recruit 80,000 new employees within five years.