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Samsung postpones LCD exit to 2022 on pandemic demand

Electronics giant struggles with mass producing next-gen displays

South Korean tech companies LG Display and Samsung have reversed plans to end LCD panel production as the pandemic boosts demand and prices. (Photo courtesy of LG Display)

SEOUL/TOKYO -- Samsung Electronics intends to manufacture liquid crystal display panels through the end of 2022, reversing plans to end production due to an unexpected spike in demand.

But the change in plan also highlights Samsung's difficulty in developing next-generation displays, and the tech giant's outlook after the pandemic-driven demand fizzles remains uncertain. Compatriot and rival LG Display has also postponed plans to end production of LCD panels.

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