2020-04-14
Korean electronics giants Samsung and LG are cutting down their LCD production and aim to exit the LCD panel manufacturing business in the near future. Japan’s JDI is also suffered from weak business and sold its LCD production equipment to Apple reportedly. According to the latest investigations by the WitsView research division of TrendForce, these measures taken by the Korean and Japanese companies will led to declines in large size LCD production. Meanwhile, market share of Korean manufacturers in large-size panel capacity will shrink to below 10%.
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