- Samsung will stop making LCD screens this year.
- The move comes amid falling prices and increased competition.
- The company will focus on OLED and QD displays going forward.
Samsung, once a leader in the LCD market, is getting out of the business as a result of several factors.
Samsung has long been known as one of the top display makers in the industry, with its screens used in TVs, smartphones, tablets, and more. Despite its success, according to The Korea Times, the company is exiting the business due to falling prices and increased competition from Taiwanese and Chinese companies.