DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals 
BOJ Rate Decision in Focus as Yen, Inflation, and Nikkei Hang in Balance 
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand 
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S. 
ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026 
Iran Proposes Strait of Hormuz Reopening Deal Amid Stalled U.S. Talks 
Gold Prices Drop Amid Iran War Concerns, Rising Oil Costs, and Hawkish Central Bank Signals 
Dollar Holds Firm as Middle East Tensions and Central Bank Decisions Keep Markets on Edge 
Asian Stocks Mixed as BOJ Holds Rates, Oil Prices and Fed Outlook Weigh on Markets 
Trump Urges Iran to Call for Talks as War Stalemate Disrupts Oil Markets 
Asian Currencies Rise Ahead of BOJ and Fed Meetings as Dollar Softens 
U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases 
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations 
Strait of Hormuz Shipping Crisis Deepens as Traffic Plunges Amid Iran-U.S. Tensions 
U.S. Consumer Sentiment Hits Record Low as Iran Conflict Fuels Inflation Concerns 
Brazil Pension Fund Crackdown After Banco Master Collapse Raises Investment Concerns 
Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case 
Samsung Display will close its liquid-crystal display (LCD) business in June due to a declining global competitive edge because of cheaper products made by its Chinese and Taiwanese counterparts.
The decision by Samsung Group's display subsidiary occurred six months earlier than projected, owing in part to significant losses from decreasing LCD pricing.
The average price index of LCD panels, evaluated against 100 in January 2014, would decline to 36.6 in September of this year, according to Display Supply Chain Consultants (DSCC), a market research group in the United States. The figure has fallen further from a record low of 41.5 in April of this year and is now 58% lower than the record high of 87 in June 2021.
Samsung Electronics, the main customer of Samsung Display goods, was also involved, collaborating with overseas LCD suppliers such as BOE Technology Group, a Chinese electronic components company, and AU Optronics Corp. (AUO), a Taiwanese LCD panel maker.
It planned to liquidate its LCD business in late 2020, however, the plan was delayed at the request of its parent firm, Samsung Electronics, due to a rapid surge in LCD pricing caused by the COVID-19 epidemic.
Samsung Display will stop producing LCDs for large TV screens and instead focus on organic light-emitting diode (OLED) and quantum dot (QD) displays.
Employees from the LCD unit are likely to be moved to the QD business.
The display affiliate was founded in 1991 as an LCD commercial arm of Samsung Electronics. It was founded in 2012 as Samsung Display and has subsequently joined with three local and Japanese manufacturers of active-matrix organic light-emitting diodes (AMOLED) to produce advanced varieties.
