LG Display to extend LCD TV panel production in Korea by a year

What They Say

LG Display said that it will continue to make LCD panels for TVs in Korea for an additional year according to The Elec which reports that LG Electronics has found it more difficult to obtain the LCDs it needs from Sakai SIO and HKC of China.

What We Think

This is not a real surprise. It’s clearly logical for LG to continue to make LCDs when it can generate cash from doing so. Samsung had already said that it would continue to make LCDs for longer than previously planned. LG Display had planned to continue to make LCDs for IT applications. (BR)

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