Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Robinhood Expands Sports Event Contracts With Player Performance Wagers 
FAA Unveils Flight Plan 2026 to Strengthen Aviation Safety and Workforce Development 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
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.
