LG Display to sell stake in its Chinese LCD plant to TCL CSOT for $1.5 bln

LG DISPLAY

26/09/2024 09:35

SEOUL, Sept 26 (Reuters) - South Korea's LG Display
 034220.KS  said on Thursday it had decided to sell its stake in
its large liquid crystal display (LCD) plant in Guangzhou,
China, to TCL's  000100.SZ  LCD unit CSOT for 10.8 billion yuan
($1.54 billion).
($1 = 7.0173 Chinese yuan renminbi)

 (Reporting by Hyunsu Yim
Editing by Ed Davies)
 ((Hyunsu.Yim@thomsonreuters.com;))