Samsung LCD continues until the end of next year while spending 17 billion yuan to change part of OLED

May 28: According to South Korean media reports, Samsung has officially launched the project to convert the Tangjing TV LCD7-2 production line into a OLED panel production line.

Samsung display plans to complete the demolition of the original production line by July 20, and then build six generations of small and medium - sized OLED panel production lines, and the project is expected to invest up to 17 billion yuan. It is expected that the monthly capacity of 30, 000 per month, and the capacity of small and medium - sized OLED panels shown by Samsung will be increased from 165, 000 to 195, 000 per month.

It is understood that Samsung said as early as March 2020 that it will "end all LCD panel production lines before the end of the year" , intended to focus on more advanced technology, but by the end of 2020 and decided to continue to produce LCD panels in South Korea, at least until season 1 of 2021, and did not explain when to stop production and did not further detail the plan.

The Samsung's 8 - generation line of the large LCD is rumored to last until the end of next year. Affected by the epidemic, the demand for IT products such as TV has increased sharply, and the LCD prices have also risen sharply. Whichever is April, the price of LCD TV panels rose about 10% last month compared to the previous month. The 55 - inch panel was $ 216, up 6% from the previous month, and $ 274 for the 65 " and $ 192, up 8% from the previous month. Representatives of a panel equipment company said the price of LCD panels doubled in a year and the epidemic led to huge changes in the whole market. Samsung decided to maintain the 8 - generation line in the short term.

Samsung is pulling from size LCD. since 2019Lee Jae - yong, vice president who visited the Tangwell factory many times, said "has reached cancer levels about the competitiveness of the LCD career."

Industry insiders said there are only eight generations left to make Samsung the world's largest TV company.