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Add.: 4F Building 11, Liantang Meibao Industrial Zone, Shangcun, Gongming,
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Samsung, LG Extending LCD Production amid Panel Price Hike
Announcer:Shenzhen TopAdkiosk Technology Co., Ltd  Release time:2021-06-03  Views:512
 

South Korea’s two largest display panel makers — Samsung Display Co. and LG Display Co. — are extending their liquid crystal display (LCD) production, industry insiders said Friday, as panel prices continue to rise on robust demand.

Samsung Display CEO Choi Joo-sun recently told employees that the company is reviewing the possibility of extending large-size LCD panel production through the end of next year.

The company originally planned to withdraw from the LCD business last year due to fierce competition with Chinese brands and expedite its migration to next-generation quantum-dot (QD) displays.

 

LG Display also has been producing LCD TV panels in South Korea far beyond its planned deadline. It previously sought to shut down operations of domestic LCD production lines by the end of last year and focus on expanding OLED capacity.

 

 

Industry insiders said South Korean LCD suppliers’ decision came amid rising panel prices.

According to market researcher Witsview, the average LCD panel price in the first half of May jumped to its highest level since June 2015.

Another market tracker, Display Supply Chain Consultants (DSCC), said LCD panel prices jumped 14.5 percent in the first quarter and that 17 percent growth is expected for the second quarter.

Their prolonged LCD manufacturing operations come after their TV manufacturing affiliates reportedly requested them to continue LCD production.

Samsung Electronics Co. and LG Electronics Inc., the world’s two largest TV vendors, recently said the LCD panel price hike could undermine profitability, with semiconductor shortages also posing a potential problem.


Shenzhen TOPADKIOSK is highly specialized in the field of LCD Digital Signage products, lcd advertising player, kiosk, LCD DISPLAY, QLED display, OLED display. We have developed our own LCD products Series, such as face recognition terminal with temperature sensor for access control system, safe temperature kiosk, thermal scanner, digital signage, all In One PC, touch screen, interactive table,touch table, PCPA capacitive touch, IR touch screen,  lcd video wall, outdoor IP67 High Brightness LCD Digital Signage and TV, etc, the size is available with 7" Inch to 98 Inch etc. These products have been widely used in the USA, Europe, Southeast Asia, the Middle East, Africa and other countries and regions. These products are suitable for advertising in lots of areas, such as buildings, shops, hotels, supermarkets, railway stations, bus stations, airports, taxis, buses and other outdoor areas. Quality and Service is Our Symbol.The most important factor for us to win our customers‘ hearts and found the long-term business relationships with our customers is quality and service. With these years‘ research, development and manufacture, we have accumulated our special experience and methods to control the quality through the whole process of designing, material purchasing, manufacturing and marketing. Especially for the material quality, we have founded firm relationships with our suppliers and even invested in some supply companies to directly control quality. We offer 7*24 hours service to all our clients. Our sales person and after-selfteam will keep on line to answer and solve all questions for you. Providing services beyond our customers‘ expectations is our purpose. Our excellent pre-sales services and after-sales services have earned us many customers‘ hearts. Customized designs are most welcome! Our advantage is to give solution to our clients according to their needs.
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Shenzhen TopAdkiosk Technology Co., Ltd
Add.: 4F Building 11, Liantang Meibao Industrial Zone, Shangcun, Gongming,
Guangming,Shenzhen,China 518106
Mobile/Whatsapp: 86-138 25769658 
Contact Person: Henry Fang
Email: marketing@topadkiosk.com     topadkiosk@gmail.com
Skype: pghenry1   Wechat ID: adkioskhenry
Web.: www.topadkiosk.com

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