Samsung will close its TV factory in Chinese mainland in November.

In recent years, with Xiaomi and other Internet enterprises and TCL and other old enterprises to launch a lot of cheap smart TV products, the number of users of Samsung TV is less and less. According tomedia reports, according to industry sources, Samsung decided to close its TV production plant Chinese mainland in Beijing in November.

Samsung will close its TV factory in Chinese mainland in November.

It is reported that the factory is located in Tianjin, Samsung Electronics in Chinese mainland’s only television production base, tianjin Samsung Electronics Co., Ltd. currently employs about 300 people. The move is part of Samsung Electronics’ plan to improve the efficiency of its global production base, according to a Samsung Electronics spokesman.

This follows Samsung’s announcement that it will stop producing LCD panels by the end of 2020 and focus on the QD-OLED panels needed to produce the next generation of QLED TVs. Samsung’s QD-OLED technology is similar to LG’s OLED technology, but Samsung doesn’t treat it as ANED in marketing. In addition, Samsung continues to develop high-end microLED TVs.

Samsung Electronics’ display division confirmed last week that it would sell a majority stake in its Suzhou LCD production unit to Star Photoelectronics, a unit of TCL Technology Group.

Samsung will close its TV factory in Chinese mainland in November.

Photo Source Engadget.

Samsung Electronics has closed its smartphone factories in Tianjin and Huizhou, according to earlier reports. Samsung currently has only two Chinese mainland in the world, a chip factory in Xi’an and a home appliance factory in Suzhou.