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Samsung reportedly intends to support TCL CSOT in acquiring LGD's Guangzhou factory

Daniel Chiang, Taipei; Jack Wu, DIGITIMES Asia Monday 4 December 2023 0

Credit: LGD

LG Display (LGD)'s LCD business in China continues to incur losses due to the expansion of Chinese competitors. Currently, the utilization rate at LGD's 8.5-gen LCD factory in Guangzhou is only 50%, which has garnered talks about whether or not it will...

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