Samsung Display is developing a scrollable and sliding screen

Citing a report by Korean media The Elec, Samsung Display announced on Thursday that it will launch many screen forms this year, including foldable, scrollable, and slidable, so as to consolidate the company's leadership position. In the fourth quarter conference call, Choi Kwon-young, the company's senior vice president, said that the company will further expand its leadership in the foldable market on small and medium-sized screens this year.

Choi Kwon-young said that the current foldable market has Flip and Fold forms. Samsung Display will continue to develop new technologies to expand its product portfolio and customer scale. Samsung Display will adopt technologies such as variable refresh rate and low power consumption to cope with competitors entering the OLED market.

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In terms of large-size displays, Samsung Display will develop quantum displays (QD) in due course and establish a stable customer portfolio to enable this technology to enter the high-end field. The company will continue to provide customers with liquid crystal displays (LCD) in response to customer requirements.

Samsung Display’s original goal was to end the production of LCD monitors in 2020, but according to the requirements of Samsung Electronics and other customers, the company continues to produce.

Thanks to the demand for OLED screens in smartphones and the increase in the average selling price of large panels such as TVs and monitors, Samsung Display's revenue in the fourth quarter reached a new high. The company’s sales for the quarter were 9.96 trillion won and operating income was 1.75 trillion won. Profit is close to 8 times of the same period last year. For the full year of 2020, Samsung Display's sales were 30.59 trillion won and operating income was 2.24 trillion won, a decrease of 2% and an increase of 42% from 2019.

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