Editor’s Note: This article originally appeared on SVC.
Samsung has announced it is restructuring its semiconductor business, which will involve ending production of its own LEDs. The company intends to slowly reallocate these resources to other key areas. According to Samsung, the company will end production of LED chips for lighting in the beginning of 2026, and end LED production for TVs during the latter half of 2026, with plans to exit the automotive LED sector by 2030.
DisplayDaily reports that Samsung will be cutting executive roles within its chip division, “particularly at the president level,” in order to increase its competitiveness in the sector.
“We will push for a plan to fully deploy R&D personnel to production sites. Light-emitting diode (LED) businesses that have lost competitiveness will be withdrawn,” Maeil Business News, a Korean publication, reports Samsung as saying. “Samsung Electronics has decided to withdraw its non-core LED business under the DS division and is taking steps to reorganize it. The LED business team is mainly responsible for LED modules for TVs, LEDs for smartphone flash, and LED modules for automobiles. It produces about 2 trillion won in sales annually, but the focus is intended to shift to key areas.”
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