LED backlight demand shrinks LGD intends to sell Nanjing LED packaging production line

According to the Korean media, LG Display is discussing the sale of China's Nanjing LED packaging production line to Heesung Electronics, a cooperative company located near the production line. It is rumored that LG Display has withdrawn its LED packaging line employees. LG Display recently responded that the withdrawal of the Nanjing LED packaging production line has not yet been finalized and is still operating normally.

It is understood that LG Display started the LED packaging production line in Nanjing in 2010 and cooperated with Xixing Electronics to operate the LCD module and BLU production line. In 2010, due to the unprecedented LED BLU LCD market, LG Display was once troubled by the shortage of LED chips. It was necessary to arrange LED chips through the related companies LG Innotek and other cooperative factories to adjust the supply, and then decided to build in Nanjing factory. Operating LED packaging production line.

However, after entering 2011, the LCD market has stagnated and LED BLU demand has shrunk dramatically. Therefore, the industry said that LG Display is quite likely to sell Nanjing LED packaging production line. In addition, LG Display found that the direct production of key components is not very effective. Therefore, it is also very likely to abandon the plan to produce key components solely.