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TCL CSOT buys LGD Guangzhou site, strengthening China's TV panel dominance

Rebecca Kuo, Taipei; Eifeh Strom, DIGITIMES Asia 0

Credit: DIGITIMES

LG Display (LGD) and TCL China Star Optoelectronics Technology (TCL CSOT) have signed an agreement for the latter to buy LGD's 8.5G LCD facility in Guangzhou for CNY10.8 billion (US$1.54 billion), further solidifying the dominance of Chinese companies...

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