Samsung set to desert the LCD panel enterprise

In accordance with media studies, Samsung Show, which provides OLED panels for smartphone producers equivalent to Apple, has determined to desert the LCD panel enterprise and concentrate on the OLED panel and quantum dot panel enterprise. The corporate has since confirmed that it’ll discontinue operations in June.

Samsung Show deserted the LCD panel enterprise, which implies that they should relocate or regulate associated staff. There are studies that Samsung will switch lots of of staff from the panel enterprise unit to the chip packaging enterprise unit. The corporate is now accepting purposes for adjustment from staff. Workers aged 37 and under within the show enterprise division can apply for adjustment to the chip packaging enterprise division. Samsung’s aim is to switch 300 staff from the show enterprise division. The corporate will full the chip packaging enterprise unit within the second half of the yr. Thus, worker relocation can be full earlier than then.

The division the place Samsung’s show and chip packaging enterprise is situated belongs to the machine options division of Samsung Electronics. If there’s a want for personnel changes, it’ll occur throughout the machine options division.

On the finish of final yr, Samsung Electronics adjusted its high-level and foremost enterprise models. The corporate needed to merge the patron electronics and cellular enterprise models. The one division, “expertise division@ is now led by vice chairman and CEO Han Zongxi. Nonetheless, the machine options division s led by the president and co-CEO, Qing Guixian.

Samsung Electronics has repeatedly adjusted Samsung Show staff

This isn’t the primary time they’ve made personnel changes between the 2 enterprise models. Samsung Electronics has repeatedly adjusted Samsung Show staff to the chip packaging enterprise unit, primarily as a result of they plan to withdraw from the LCD panel enterprise. They initially deliberate to surrender on the finish of 2020, however as a result of request of Samsung Electronics’ TV enterprise unit, they retained some manufacturing strains. Because of this, the corporate needed to postpone its exit from the LCD panel enterprise.

By adjusting some staff of the show enterprise division to the chip packaging enterprise division, Samsung Electronics additionally hopes to make full use of its wonderful inner staff to advertise the event of the chip enterprise. On the similar time, the chip enterprise division can also be going through expertise challenges and desires extra staff.

Final week, Samsung Group introduced that they plan to take a position 450 trillion received, or $356 billion, in key areas equivalent to semiconductors, biopharmaceuticals, and different next-generation applied sciences by 2026 to drive the event of those key enterprise areas. Many of the 450 trillion received that Samsung Group plans to take a position can be invested within the chip enterprise, together with reminiscence chips, logic chips, and foundry enterprise.