Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Thailand Inflation Remains Negative for 10th Straight Month in January 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
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.
