Samsung Display
South Korean manufacturing company
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Samsung Display Co., Ltd. (Korean: 삼성디스플레이) is a manufacturer of OLED and QD-OLED panels, and former manufacturer of liquid crystal displays (LCDs). Display markets include smartphones, TVs, laptops, computer monitors, smartwatches, virtual reality, handheld game consoles, and automotive applications.
Native name | 삼성디스플레이 |
|---|---|
| Industry | Electronics |
| Founded | April 1, 2012 |
| Headquarters | |
Key people | Chung Yi: President |
| Products | OLED/QD-OLED panels |
| Revenue | $ 25.98 billion (2022) |
| Parent | Samsung Electronics |
| Website | www |
Headquartered in South Korea, Samsung Display has production plants in China, Vietnam, and India, and operates sales offices in six countries. Samsung Display enabled the first mass-production of OLED and quantum dot displays and aims to develop next-generation technology such as slidable, rollable and stretchable panels.
The company was established as S-LCD Corporation in April 2004 in Chungcheongnam-do as a joint venture between Samsung Electronics (51% share) and Sony Corporation (49% share) to manufacture amorphous TFT LCD panels. As of April 2008 the company reported a monthly production capacity of 150,000 LCD panels, including 50,000 based on PVA technology,[1] which were integrated into both Samsung and Sony LCD televisions. S-LCD originally had production facilities in both Japan and South Korea. Samsung later acquired all of Sony's shares in S-LCD in January 2012.
Samsung Display Corporation was established on April 1, 2012. The company launched on July 1 by merging S-LCD Corporation and Samsung Mobile Display (Samsung's OLED manufacturing division), becoming the world's largest display company.[clarification needed] Samsung Display ended its manufacturing of LCD panels in June 2022, becoming a manufacturer of solely OLED panels.
As of 2025, Samsung Display held 68 million shares in Corning Inc., resulting from its CRT glass joint venture with the company in the past.[2]
History timeline
- January 1991: Samsung Electronics launched TFT-LCD business.
- February 1995: Operated TFT-LCD line for the first time domestically
- November 2003: Invested for 4.5 generation AMOLED mass-production for the first time in the world
- July 2004: A joint venture S-LCD Corporation between Samsung Electronics and Sony Corporation was established.
- April 2005: S-LCD begins shipment of seventh-generation TFT LCD panels for LCD TVs.[3]
- August 2007: S-LCD begins shipment of eighth-generation TFT LCD panels for LCD TVs.[4]
- October 2007: Started to mass produce AMOLED for the first time in the world
- March 2009: Exceed production of AMOLED one million monthly
- December 26, 2011: The company's partners announce that Samsung will acquire Sony's entire stake in the joint venture, making S-LCD Corporation a wholly owned subsidiary of Samsung Electronics.[5]
- January 19, 2012: Acquisition of Sony's shares completed for 1.07 trillion Korean won (72 billion Japanese yen) in cash.[6]
- July 1, 2012: S-LCD and Samsung Mobile Display merge to create Samsung Display.[7]
- August 2014: Samsung Display mass-produced the world’s first curved edge display panel, featured in the Galaxy Note Edge.
- September 2015: Mass-produced circular OLED for smartwatches
- July 2016: World’s first mass-production of embedded Y-OCTA[8]
- April 2019: Samsung Display mass-produced and commercialized foldable displays.
- April 2021: Samsung Display's LCD factory in Suzhou, China, is sold to TCL Technology's China Star Optoelectronics Technology.[9]
- November 2021: Samsung Display started to produce QD-OLED displays.
- January 4, 2022: Sony announces its A95K television that uses Samsung Display's QD-OLED panels.[10]
- March 17, 2022: Samsung Electronics announces its S95B television that uses Samsung Display's QD-OLED panels.[11]
- June 2022: Samsung Display terminates its LCD business.[9] Samsung Display sold its LCD patents to TCL Technology's China Star Optoelectronics Technology.[12]
Corporate governance
As of September 2022.
| Shareholder | Stake (%) | Flag |
|---|---|---|
| Samsung Electronics | 84.80% | |
| Samsung SDI | 15.20% |
Company agent
- CEO Chung Yi (이청)