LG stops producing LCD screens and switches to OLED production

Company, GuangzhouLiquid crystal display (LCD) production in sale of factory started negotiations for Thus, the manufacturer maintains its leadership in the OLED display market. consolidation wants. But LG easily from factory won’t survive.

Close marking from BOE and COST

The factory is a strategic asset of the country and therefore the sale approved by the government It is necessary. In the statement made by the company, “We are currently evaluating various options for strategic use of our assets, including a display manufacturing facility in Guangzhou, but nothing has been decided yet.to their statements place was given.

of LG factory potential China’s largest display manufacturer among buyers BOE Technology and Chinese home appliance giant TCL Technologywhich is a unit of COST It is located.




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