LG Display cancels KRW104.1B sale of Nanjing auto LCD module unit
LG Display has scrapped the planned sale of its automotive LCD module business at its Nanjing subsidiary. The company lost a potential KRW104.1 billion (about US$72 million) payment and delayed plans to improve production efficiency.
- Sale of Nanjing auto LCD module business canceled
- Lost payment of KRW104.1 billion, about US$72 million
- Production efficiency improvement plans delayed
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