Like Samsung Display, LG Display has postponed its plan to phase out LCD TV panel production, according to a report by TheElec.
As panel prices increaseAbout a year ago, LG Display announced that it would end domestic LCD TV panel production. Its main competitor Samsung Display intended to end LCD panel production entirely. The two South Korean giants have now both made the decision to extend production by a year or so. - "The extensions comes from LG Electronics’ request as it was finding difficulty in securing sufficient volume of LCD panels," the report said. "LG Electronics initially expected that it could procure IPS panels from China’s HKC and Sakai SIO (previously Sharp)." The Elec
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