Samsung Will Spend $11 Billion to Build a Factory That Can Produce Real QD OLED TV Screens

2021-11-10

SANDUN Furniture

Samsung will close all its LCD production lines by the end of this year, including two in South Korea and two in China, Reuters reported. Samsung said that all previously signed orders will fulfill the delivery agreement before the end of the year, and partners don't have to worry.

Samsung

It is reported that Samsung's move is not because of the problem of LCD screen sales, but to shift the focus of the display from LCD screen to QD OLED screen, because its subsequent development plan is to focus on the production of quantum TV, and the production of quantum TV needs QD OLED screen. It is also pointed out that Samsung made such a decision, on the one hand, because considering the recent downturn in the price of LCD screens around the world, consumers' demand for such screens is also gradually decreasing. On the other hand, we have to bear the pressure from Chinese competitors, because the LCD screens produced in China are occupying more and more market share. However, Samsung did not disclose to the outside world the real reason for its plan to stop producing LCD screens.

Samsung TV

In addition, Samsung announced its latest plan to spend $11 billion to build a factory capable of producing real QD OLED TV screens. The factory uses the latest technology to make QD OLED screens instead of old technology. The new OLED has a service life of up to 1 million hours and is made of indium phosphide instead of toxic cadmium.

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