Bye bye Samsung TV panels

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Samsung - the worlds largest single-brand TV manufacturer announced plans to end manufacturing LCD TV panels. By the time you read this then the doors to the factory will already be closed, metaphorically speaking.

https://www.flatpanelshd.com/news.php?subaction=showfull&id=1653980797

What happened?
Someone beat Samsung at their own game.

For the past couple of decades Samsung has been killing off its competitors and rivals by undercutting them on price due to it's ability to move to ever larger fabrication plant (bigger screens) thus driving down the unit cost of LCD panels. Lots of the Japanese manufacturers fell victim to the Korean giant. So did Philips in Europe. Now the tables have turned.

Who did this?
In a word, the Chinese.

There's a whole slew of companies most of us have never heard of working behind the scenes making LCD screens for TVs, monitors, laptops and tablets. Firms such as AU Optronics and BOE started out making lower grade panels to go in cheap tellies and monitors. They supplied another bunch of behind-the-scenes companies such as Vestel in Turkey and UMC in Slovakia who bought up the rights to put brand badges on their products. Your Sharp, Toshiba, Hitachi, Bush, Fergusson, Finlux, Thomson along with a whole bunch of brands familiar to supermarket shoppers such as Technika, Wharfedale, Polaroid, Medion and others came mostly from these factories. The cry of "Forget the quality, feel the width" followed by shouts I got it for cheap" (hate the grammar in that phrase) put power behind the manufacturing muscle of all concerned.

What does this mean for the future?
Samsung is still the world's biggest single brand TV manufacturer. TTBOMK #2 is still LG. Samsung will continue to manufacturer TVs, just not with its own panels. The irony is staggering. This is how it was for all the brands that Samsung and LG killed.

"If you wait by the river long enough, the bodies of your enemies will float by"
- often misattributed to Sun Tzu​
 
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Heavy sigh !

I have my still operating LG (Lucky Goldstar) Digital 3D TV, purchased prior to the 2020 London Olympics, and can still watch 3D programs recorded then and later transferred to DVD, plus the 3D DVDs of that era - such as AVATAR.

(The "line by line" switching of the polarisation on the screen of this LG TV was an interesting idea in 3D presentation [viewable by cheap polarised glasses - as in movie theatres of the time and now] but was "down-cried" by other manufactures, who advocated "field switching" via (more expensive) electronically controlled "viewing devices"!)

While LG now proposes that their name means "Life's Good", it really stands for their earlier "incarnations" of both "Lucky" and "Goldstar"., which may be "propitious" in Korea.
 
While LG now proposes that their name means "Life's Good", it really stands for their earlier "incarnations" of both "Lucky" and "Goldstar"., which may be "propitious" in Korea.
Sorry :) , although off-topic, I have long been thinking of starting a thread about companies etc. that have names that are lost to the depths of time...

RS - Radio Spares
CPC - Combined Precision Components
B&Q - Block & Quayle
B&M - Billington & Mayman

Lego - derived from the Danish "Leg godt" - "Play Well"

BMW - Bayerische Motoren Werke
MG - Morris Garages Ltd.
JEEP - Variously stated as US army slang for something unimportant/a new recruit etc.

Tesco - T.E.Stockwell - jack COhen

...are just some that spring to mind! :)
 
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I thought that derived from G and P as in General Purpose vehicle.
The whole jeep storey is complicated, especially as it was developed so quickly in a time of war - hence a certain mythology has grown around the name!

There were two manufactures working on the Jeep concept - Willy's and American Bantem (Out of the hundreds invited!)
Bantem were the first to deliver, but they were unable to provide the number of vehicles needed.

The second development round was between Ford and Willys.
Ford made the Pygmy to the Willys' design (heavily based on the Bantem).
The Ford GPW is thus usually attributed to the Government Pygmy (...or even P for 80" wheelbase) Willy's (engine).

...and the Jeep was never intended to be a General Purpose (possible backronym!) vehicle! :)

The word 'Jeep' was also in slang use since world war I !

I will leave you to make up your own mind, but there is a decent etymology section on wiki! ;)

 
Samsung - the worlds largest single-brand TV manufacturer announced plans to end manufacturing LCD TV panels. By the time you read this then the doors to the factory will already be closed, metaphorically speaking.

https://www.flatpanelshd.com/news.php?subaction=showfull&id=1653980797

What happened?
Someone beat Samsung at their own game.

For the past couple of decades Samsung has been killing off its competitors and rivals by undercutting them on price due to it's ability to move to ever larger fabrication plant (bigger screens) thus driving down the unit cost of LCD panels. Lots of the Japanese manufacturers fell victim to the Korean giant. So did Philips in Europe. Now the tables have turned.

Who did this?
In a word, the Chinese.

There's a whole slew of companies most of us have never heard of working behind the scenes making LCD screens for TVs, monitors, laptops and tablets. Firms such as AU Optronics and BOE started out making lower grade panels to go in cheap tellies and monitors. They supplied another bunch of behind-the-scenes companies such as Vestel in Turkey and UMC in Slovakia who bought up the rights to put brand badges on their products. Your Sharp, Toshiba, Hitachi, Bush, Fergusson, Finlux, Thomson along with a whole bunch of brands familiar to supermarket shoppers such as Technika, Wharfedale, Polaroid, Medion and others came mostly from these factories. The cry of "Forget the quality, feel the width" followed by shouts I got it for cheap" (hate the grammar in that phrase) put power behind the manufacturing muscle of all concerned.

What does this mean for the future?
Samsung is still the world's biggest single brand TV manufacturer. TTBOMK #2 is still LG. Samsung will continue to manufacturer TVs, just not with its own panels. The irony is staggering. This is how it was for all the brands that Samsung and LG killed.

"If you wait by the river long enough, the bodies of your enemies will float by"
- often misattributed to Sun Tzu​
So Samsung can now blame China for their unreliable screens?
 
No, definitely T E Stockwell.

Tesco use it as their budget label brand.
 
I've always known RS Components as "RadSpad's' but I've yet to meet more than one other person who knows that name.
 
Waitrose- Wallace Waite & Arthur Rose.

I only recently discovered that Mr Rose lived on the same road where I grew up.
 

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