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LG Display to halt production of liquid crystal display TV panels in South Korea

LG-DISPLAY-RESULTS:LG Display posts 3rd consecutive quarterly loss on weak panel demand
LG-DISPLAY-RESULTS:LG Display posts 3rd consecutive quarterly loss on weak panel demand -  Copyright  Thomson Reuters 2023
Copyright Thomson Reuters 2023
By Reuters
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SEOUL - South Korea's LG Display Co Ltd said on Friday it plans to halt the production of its liquid-crystal display (LCD) TV panels in South Korea due to intensifying competition.

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The Apple Inc supplier expects the decision to halt production of LCD TV panels would not have impact on its normal business activities, LG Display said in a regulatory filing.

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