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Dynamite News
Dynamite News
National
DN Bureau

Technology: Samsung closes LCD production six months ahead of schedule

Samsung Display to stop producing LCDs at the end of June (File Photo)

Seoul: Samsung Display will stop producing LCDs at the end of June, six months ahead of the previously planned deadline. Industry insiders revealed competition was too strong, and Samsung Group wished to reduce its losses.

According to GSM Arena, Samsung Display will concentrate on producing OLED and QD (quantum-dot) panels, with staff expected to transfer to the QD division.

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