On Thursday, South Korea’s LG Display said it approved the sale of its 8.5-gen LCD (liquid crystal display) panel production line and module factory in Guangzhou, China, to TCL’s LCD unit, CSOT (China Star Optoelectronics Technology), for RMB 10.8 billion ($1.54 billion). The transaction includes LG Display’s 80% stake in its Guangzhou LCD panel plant[…[…
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