Samsung Show has introduced that the corporate will indefinitely lengthen the manufacturing of LCD panels for TVs and screens because the demand for these merchandise has elevated through the COVID-19 pandemic.
For many who are unaware, the South Korean big had introduced earlier this yr in March that it’ll finish the manufacturing for all LCD panels by the top of this yr and can as an alternative give attention to superior know-how.
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Nonetheless, Samsung Show hinted about this transfer a few months again when Samsung revealed that it’s contemplating a short-term extension. Whereas it has formally prolonged the manufacturing for LCD panels, the corporate mentioned that the size would rely in the marketplace situations and profitability.
Samsung had been making LCD panels in South Korea in addition to China. However earlier this yr, in August, the corporate offered a majority stake in its Suzhou LCD manufacturing unit to TCL Know-how Group as the corporate shifted its focus in direction of the manufacturing of LEDÂ panels and the next-generation QD panels.
In response to the report from TrendForce, as a result of work-from-home or stay-at-home development sparked by the COVID-19 pandemic this yr, there was a 30 % improve in world panel demand in Q3 2020.
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