Samsung Display is going to relocate most of its computer display manufacturing lines to the Samsung Electronics HCMC CE Complex in Vietnam, according to a recent report from the local media. With all of the company's LCD manufacturing facilities in China and South Korea being planned to close down by the end of the year, Vietnam is expected to become the world's leading supplier of Samsung computer monitors.
Samsung will stop manufacturing PC displays at the majority of its facilities located abroad, and will relocate most of its operations to Vietnam by the end of 2020, according to the source. The local media claims that there are more than 40 computer screen products being developed by Samsung Display engineers to be pushed into production in Vietnam. Meanwhile, customers in Vietnam should also benefit from this change in Samsung Display's production strategy, as they could benefit from timely market releases and lower prices on PC monitors beginning next year.
Over the past few months, hundreds of Samsung Display engineers have been allowed to fly to Vietnam as part of the company's expansion plans, even as the country was in lockdown due to the COVID-19 pandemic. These efforts reflect Samsung's ambitions to establish a stronger foothold in Vietnam and become a major computer display player in Southeast Asian countries.
