https://wccftech.com/report-samsung-and-lg-looking-to-sell-major-chunk-of-lcd-business-worth-33-billion/

Samsung (KRX: 005930) and LG (KRX: 066570) are both looking to get rid of major production lines producing base-LCD panels claims a report out of China. With the overall LCD business valued at almost $106 Billion, this would mark a significant shift in the industry and transition towards smaller stakeholders than the two giants. The move comes as the company eye a move towards Quantum Dot and OLED displays. This has also caused industry watchers to speculate that LCD prices will go up in the first half of this year. Analysts quoted by the South Korean state-funded Yonhap news agency believe that a supply shortage in the industry will cause the price of tv-sized LCD panels to go up in the first half of this year.

Samsung and LG's share in the $106 Billion LCD market represents a stake worth almost $33 Billion. The current talk in South Korea has been suggesting for quite some time that both Samsung Electronics and LG Display are looking to offload their LCD manufacturing capacity in favor of making OLED panels for large, television-sized displays. An uptick of LCD manufacturing in China has caused both companies to rethink their strategies as their competitors are able to churn out more displays at lesser prices.