Samsung sells off LCD equipment in move towards OLED production

SAMSUNG HAS SHUTTERED a large LCD display operation in order to concentrate full time on OLED-based products.

A report in Business Korea says that the facility in Cheonan, South Chungcheong Province, has shut down its L5 line, the fifth generation of LCD displays, and begun selling the equipment to other manufacturers.

The age of the equipment meant it was only suitable for notebook and small monitor displays. With OLED now rolling out in phones such as the recent Samsung Galaxy S6 Edge, and big-screen TVs, it seems that the company has decided to make a break with the past.

The Korean manufacturer sold off its fourth generation production line to a Chinese company last year. A spokesman for Samsung Display confirmed: "The company shut down the L5 line last month and is seeking companies that are willing to acquire idle equipment."