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Under the leadership of CEO Jeong Cheol-dong, LG Display has successfully finalized the sale of its Guangzhou liquid crystal display (LCD) plant in China, bolstering its cash reserves by approximately ...

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to TCL’s LCD unit CSOT for 10.8 billion yuan ($1.54 billion). The sale includes LG Display’s 80% stake in its large LCD panel plant and 100% of its LCD module plant, and is expected to be completed in ...

LGD sells Guangzhou LCD plant for US$1.54 billion, shifts focus to OLED TCL CSOT buys LGD Guangzhou site, strengthening China's TV panel dominance China enacts subsidies to stimulate TV demand ...

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The sale includes LG Display's 80% stake in its large LCD panel plant and 100% of its LCD module plant, and is expected to be completed in March 2025, the Apple supplier said in a statement.