News

Samsung Display extends LCD panel production indefinitely

Samsung Display started on the 29th that due to rising demand due to the home trend, it will indefinitely increase its production of liquid crystal display (LCD) panels for TVs and monitors in South Korea.

This decision replaces Samsung’s plan in March to suspend production of LCD panels, as per the news, TrendForce said that although Samsung Display’s delay in closing the LCD panel plant will develop the production area in the second quarter of next year by 2.2%.

there is still a risk of material shortages in the second quarter, and there is still Demand, the overall supply and demand are expected to maintain a balance.

A survey by TrendForce shows that Samsung Display’s LCD production line in South Korea will still have one 7th-generation line and two 8.5-generation production lines in operation until the first quarter of 2021.

It is expected that only one 8.5-generation line will remain in normal production until the fourth quarter of 2021.

Additionally, although Samsung Display intends to extend the LCD production time, TrendForce expects only to the end of 2021, not indefinitely.

Samsung Display plans to continue to produce liquid crystal display (LCD) panels until the end of 2021, which will increase the risk of oversupply in the second half of next year, but supply and demand will be roughly balanced in the second quarter of next year.

(source)

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

The Latest

To Top