Sources say that LG Display may continue to reduce production of LCD TV panels.

January 18 news, according to foreign media reports, according to industry sources, after closing its 7.5G panel factory in Paju, South Korea at the end of 2022, South Korean LCD panel manufacturer LG Display may continue to reduce the production of LCD TV panels.

In early December 2022, foreign media reported that LG display plans to stop producing LCD TV panels in South Korea in 2022. At the time, foreign media quoted people familiar with the matter as saying that the company produced LCD panels for televisions at its P7 factory in Paju, South Korea, but that the factory would stop producing LCD TV panels in mid-December 2022 or the end of December 2022.

At the end of December 2022, according to foreign media reports, LG display will stop producing LCD TV panels in South Korea.

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 (OLED) and flexible displays, and dominates the global market for large OLED TV screens. The company makes screens for a range of companies, including some models of Apple's iPhone.

It is reported that the company will focus on the OLED TV panel and car market, and will focus on opening up new markets for transparent and gaming OLED.