May 3 news, according to oled-info,Samsung Show will shut down its LCD production line and exit the LCD market in June 2022.According to the report, Samsung originally planned to close the LCD production line in 2020, but due to the epidemic, the market demand for LCD increased significantly, and Samsung postponed this plan.

In recent months, LCD panel prices have fallen sharply and have reached an all-time low, which has dragged down the performance of Samsung Display, so Samsung decided to shut down the LCD production line in June.

After the withdrawal, Samsung will purchase low-cost LCD panels from China's BOE, Taiwan AUO and Taiwan's Innolux to enhance the price competitiveness of its products.

Analysts pointed out that Samsung's end of the LCD panel business was mainly due to the low price, according to data from market research firm Display Supply Chain Consulting.In January 2022, the average price of a 32-inch LCD TV panel was $38, and in June 2021, the price was still $88, this half a year more than lcd panel price slash.