LG Display to Shut Down LCD Plants and Prioritize OLED - Energy Watch News


LG Display to Shut Down LCD Plants and Prioritize OLED

Vice Chairman of Korean panel maker LG Display (LGD) Sang-Beom Han announced in July that by the end of 2017, LCD panel Fab P2, P3, and P4 in Gumi would be shut down. Fab P4 is officially closed. Sources pointed out that LGD is accelerating the transformation to pare down LCD Lines. LGD said that Fab P2, P3, and P4 will not manufacture other products after being shut down. However, some market observers predicted that these production lines might be converted to make high-value-added products, such as OLED or ultra-large high-resolution LCD panels. http://www.ledinside.com/

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