US EditionLG finalizes the sale of its last large-area LCD fab to TCL CSoT
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LG finalizes the sale of its last large-area LCD fab to TCL CSoT
In September 2024, TCL CSoT announced that it has agreed to buy LG Display's last LCD production line in Guangzhou, China, for $1.5 billion (10.8 billion Yuan). The sale is now finalized, and LGD does not have any largea-area LCD production lines left (although it did retain a 20% stake at this fab). LGD does still produce LCDs for laptops and monitors, at its 8.5-Gen production lines in Korea, but however the company is clearly focusing more an…
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