Samsung OLED biography has independent portal, intends to withdraw from the LCD Market

Samsung plans to continue the downsizing, the largest branch of Samsung's OLED has been cut out, and has been preparing for the full exit of the old LCD panel.

Koreatimes.com quoted informed sources reported that the OLED department is part of his own, Samsung downsizing, in order to cut and unable to profit LCD business. Furthermore, Samsung is no longer optimistic about the prospects for LCD, and has quietly started exit mechanism.

When Samsung will officially announce the plan, but the report still can make nothing of it, Samsung, has begun to close part of LCD panel production line, and intends to sell the LCD line to the unknown land prices, which contains a L7 plant in Cheonan city in South korea. From the above can be seen, Samsung LCD from the OLED into the acceleration is being carried out, but the process to maintain a low profile, withdrawal and not declared.

According to barron`s.com reported last week, Samsung intends to close the seventh generation LCD panel production line "L7-1" by the end of this year, this production line accounts for about 30% of the total capacity of the Samsung LCD panel, global production capacity of 3%. With this in mind, and landing factory large size TV panel production capacity has not yet opened, prompted the European foreign AUO, Innolux raised investment rating.

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