Mitsubishi Electric decided to withdraw from LCD panel production, and its wholly-owned subsidiary Melco Display Technology Inc (mdti) will end the production of TFT-LCD Module in June 2022.

At present, the LCD business of Mitsubishi Electric mainly focuses on small and medium-sized TFT-LCD modules for Industry and automobile, and develops and introduces high-value and advanced technology products in specific market segments according to market demand. However, the company is no longer able to maintain the competitiveness of products, so decided to withdraw from the LCD panel production business.

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