Lee Jae-yong Visits Samsung Display: "Let's Continue the Challenge Without Wavering"
[Asia Economy Reporter Changhwan Lee] Samsung Electronics Vice Chairman Lee Jae-yong visited the Samsung Display Asan plant on the 19th to inspect the display panel production line and review business strategies.
Samsung Electronics explained that Vice Chairman Lee's visit to the Asan plant was to ensure thorough preparation for future businesses, which is the fundamental duty of a businessperson, alongside overcoming the immediate crisis amid the unprecedented uncertainty in the global economic environment caused by the novel coronavirus infection (COVID-19).
The visit was attended by Kim Ki-nam, Vice Chairman and Head of Samsung Electronics DS (Device Solutions) Division; Lee Dong-hoon, President of Samsung Display; Kwak Jin-oh, Head of the Display Research Institute; and Shin Jae-ho, Head of the Management Support Office.
Vice Chairman Lee said, "It will be difficult due to unexpected variables, but we must not stop even for a moment. We should be cautious yet bold enough to go beyond the existing framework. Wisdom is needed to foresee the post-crisis period, and we must continue to challenge without wavering."
Samsung plans to lead the market by commercializing next-generation QD (Quantum Dot) display technology to cope with oversupply and panel price declines caused by intensified competition.
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QD displays use QD (Quantum Dot) materials, which are ultra-fine semiconductor particles that emit light when exposed to light or current, enabling richer and more accurate color reproduction. Structurally flexible, they also allow design innovations such as foldable displays, making them a next-generation display technology.
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