AMOLED display will also be available in cheap Samsung phones! The company will close the LCD business next month
Samsung is now going to close the LCD (Liquid Crystal Display) business from next month i.e. June, that is, the company will no longer make LCD displays. According to the report, the company is facing tough challenges in the LCD display business from Chinese and Taiwanese companies. The main focus of the company will be on OLED (Organic Light Emitting Diode) display and QD (Quantum Dot) display.
According to the report, the company will stop the production of its LCD panels from June. The main reason for this is the reduction in profits. Not only this, due to the fall in the price of the display, the company is not getting the right profit margin. The display supply chain consultant said that compared to the cost of LCD displays in 2014, the price of displays is now just 36.6 percent.
Business was about to close in 2020
The company has not made any investment plan for this business now. The company will transfer the employees working in the LCD business to the QD department. Let us tell you that the company was about to close the LCD business in 2020 itself, but due to the sudden increase in the price of LCD panels during the COVID-19 pandemic, the company changed this plan. However, now the company will stop it completely.
decrease in mobile phone production
Apart from closing the LCD business, the South Korean company is going to make a big cut in mobile phone production this year. According to a report recently, Samsung will reduce mobile production this year. The company will not reach its global production target of 310 million i.e. around 31 crore mobile phones.
This year the company can reduce 30 million i.e. 30 million mobile production. According to the report, the company will produce 280 million i.e. only 28 crore mobile phones this year. Samsung’s decision is shocking in the midst of a rapidly growing global smartphone market, but there could be several reasons behind it.
Only phones with AMOLED panels will come!
Not only this, the company has decided not to launch its feature phones in a big market like India. In such a situation, now an AMOLED panel can be seen in Samsung’s budget phone as well. After the closure of the LCD business, all Samsung devices will come with OLED or QD panels. Not only this, the company will also supply AMOLED displays to other companies.
