LGD sells Guangzhou LCD plant for US$1.54 billion, shifts focus to OLED

Digitimes
By Jerry ChenOct 3, 2024, 1:38 am128 ptsTrending
LG Display (LGD) has sold its LCD plant in Guangzhou, China for approximately US$1.54 billion, a strategic move critical to the company's pivot towards OLED production. This sale, spearheaded by company president Jeong Chul-dong, has sparked industry speculation on whether LGD will now accelerate its investment…

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