On May 3, according to oled-info, Samsung Display will close its LCD production line in June 2022 and exit the LCD market. It is reported that Samsung originally planned to close the LCD production line in 2020, but due to the epidemic, the market demand for LCD has greatly increased, and Samsung postponed this plan. In recent months, the price of LCD panels has fallen sharply and has reached an all-time low, which has dragged down Samsung Display’s performance, so Samsung decided to shut down LCD production lines in June. After withdrawing, Samsung will purchase low-cost LCD panels from China BOE, China Taiwan AUO and China Taiwan Innolux to enhance the price competitiveness of its products. Analysts pointed out that the main reason for Samsung’s termination of the LCD panel business is that the price is too low. According to the data of the market research company Display Supply Chain Consulting, in January 2022, the average price of 32-inch LCD TV panels is 38 US dollars, while in June 2021, this The price is still $88, and the price of LCD panels has been cut in half for more than half a year. .
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