Due to the growing market demand for LCD panels, LG display, a South Korean LCD panel manufacturer, has extended the production time of LCD panels for another year according to the requirements of its parent company LG Electronics. At present, LG Electronics is facing difficulties in obtaining enough LCD panels to meet its own needs, so it requires its subsidiary lejin display to extend the production time of LCD panels. According to reports, LG display decided to continue to produce LCD panels until the end of this year.
It is reported that lejin originally planned to stop manufacturing LCD panels in its factories in South Korea by the end of last year, but it plans to continue manufacturing LCD panels in its factories in Guangzhou.
However, in the third quarter of last year, due to the rising demand for LCD panels and the fact that some manufacturers were unable to produce enough LCD panels due to the impact of the COVID-19 pandemic, Le king decided to extend the production of LCD panels in South Korea.
The move follows the pace of Samsung display, a panel maker owned by Samsung Electronics, its rival. At the end of last month, Samsung display company announced to extend the production time of LCD panel.
Although the company has extended the production time of LCD panels, it said how much longer it will be depends on market conditions and profitability.
Previously, in March 2020, Samsung display company said that it would end the production of all LCD panels by the end of last year, including three large-size LCD panel factories in South Korea and the 8.5 generation line in Suzhou, which had not been reported to be closed before.
LG display is one of the world’s largest manufacturers and suppliers of thin film transistor liquid crystal display (TFT-LCD) panels, organic light-emitting diodes (OLEDs) and flexible displays, and occupies a leading position in the global large-scale OLED TV screen market. The company makes displays for a range of companies, including some of Apple’s iPhones.
TFT-LCD, AMOLED and other new display technologies, including flexible display, are all based on semiconductor technology, which can be collectively referred to as semiconductor display. Semiconductor display can be defined as the display technology of controlling each smallest display unit independently by semiconductor devices.
Editor in charge ajx