Samsung sells its LCD plant in China to TCL for $1.8 billion

31 August 2020
The Korean company reinvested $723M in TCL-related shares.

Sort by:

  • S
  • Syed Raihan
  • q{M
  • 01 Sep 2020

Kriegsherr, 31 Aug 2020you never know politics. Companies moving there production ... moreI'm not sure if they are moving out of China - they seem to be restructuring. Samsung is focusing their own production towards Quantum Dots technology. Besides, Samsung owns a good portion of TCL too. They are staying there, only in different level.

    • ?
    • Anonymous
    • sxr
    • 01 Sep 2020

    Vegetaholic, 31 Aug 2020Thats it game over for LCD's, LG is discontinue LCD pr... moreHow old are you? I am ignorant on the new screens but LED was a fantastic improvement over my 1960s black and white tube tv

      • R
      • Raju bhaiya
      • nH2
      • 01 Sep 2020

      Excellent move,

        Anonymous, 31 Aug 2020that's good for Chinese companiesyou never know politics. Companies moving there production out of china means bad for them. lots of chinese people are gonna lose jobs. if there is embargo on these chinese companies selling their products, they are done.

          magnaroader, 31 Aug 2020I actually hope Samsung focuses more on QLED technology as ... moreSamsung will release quantom dots on Oleds, OLED will be main panel for all upcoming TV's

            Thats it game over for LCD's, LG is discontinue LCD production in South Korea too, OLED will be soon major platcorm on tv's and rest of the gadgets, at last no more shitty screens :)

              • ?
              • Anonymous
              • EK0
              • 31 Aug 2020

              Panda, 31 Aug 2020This is the most overlooked part..all the spying & thef... moreExcept the article clearly shows it's not just Chinese companies involved as global technology spy trade is...well global. Not to mention it's Koreans acquiring the trade info and trying to sell it, with Chinese buyers paying the most for the information.

                Of late a lot of comments get deleted by gsm. It appears they're censoring many comments. Almost seems like they're only allowing one kind of opinion.

                  • P
                  • Panda
                  • uu0
                  • 31 Aug 2020

                  Park shu, 31 Aug 2020This is probably the 1st time TCL has paid Samsung money fo... moreThis is the most overlooked part..all the spying & theft of tech is why Samsung has moved all of its manufacturing out of Ch*na gradually, & is now completely out. Quite an eye-opening article.

                    • ?
                    • Anonymous
                    • atc
                    • 31 Aug 2020

                    Anonymous, 31 Aug 2020that's good for Chinese companiesDon’t think so.

                      • P
                      • Park shu
                      • 0p}
                      • 31 Aug 2020

                      This is probably the 1st time TCL has paid Samsung money for their technology..earlier they just bribed the employees or sent spies to steal Samsung tech lol https://www.oled-info.com/samsung-researchers-arrested-allegedly-leaking-oled-technology-chinese-company

                        • ?
                        • Anonymous
                        • vGW
                        • 31 Aug 2020

                        Anonymous, 31 Aug 2020Samsung and LG leaving Chinese market totally.that's good for Chinese companies

                          • ?
                          • Anonymous
                          • atc
                          • 31 Aug 2020

                          Samsung and LG leaving Chinese market totally.

                            • m
                            • magnaroader
                            • 7Pk
                            • 31 Aug 2020

                            I actually hope Samsung focuses more on QLED technology as I'd rather NOT have burn in on my displays where I am gaming. I don't mind Notes having amoled but I don't want my display burned in with HP statuses or whatever.

                              • ?
                              • Anonymous
                              • p@2
                              • 31 Aug 2020

                              "insiders reveal" what? TCL themselves reported the purchase yesterday on Chinese social media, it's not a secret....

                                • ?
                                • Anonymous
                                • PZa
                                • 31 Aug 2020

                                [deleted post]Reinvesting money into TCL doesn't seem like leaving to me.

                                  • G
                                  • GREATEST EVER 2047
                                  • DkW
                                  • 31 Aug 2020

                                  [deleted post]Delusions of a Grandeur

                                    • A
                                    • Adul Al Salami Kebab
                                    • mh0
                                    • 31 Aug 2020

                                    They made the screen for my Realme 3 Pro! :D

                                      This is a good move. It is a win win situation for everyone.