The end is in sight for Samsung's LCD production lines as the South Korean company has announced it will stop producing panels before the end of 2020.
As Reuters reports, in a world that seems increasingly reliant on displays, there's no demand for liquid crystal display (LCD) panels anymore. Samsung Display already suspended LCD production at two of its facilities back in October, but production will cease at all four of the company's facilities located in South Korea and China within nine months.
While LCD is on the way out, Samsung certainly isn't exiting the display market. The company's focus is turning to quantum dot displays, which are already in use for Samsung's range of QLED monitors. Samsung sees quantum dot technology as superior to OLED because it offers the same full range of color, but without that color being compromised at high brightness settings. As QLED isn't organic, displays using the tech won't fade like OLED can and aren't susceptible to screen burn-in or ghosting.
Over the next five years, one of the South Korean LCD production plants will be upgraded for quantum dot panel production, with the money to do so coming from a $10.7 billion pot Samsung has set aside for facility upgrades. For now, the focus seems to be on South Korea, with the future much less clear for the company's China-based production facilities.
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