Mergers & Acquisitions ·
LG Display Co., Ltd. amended its previous disclosure to update details regarding the transfer of its automotive…
LPLLG Display Co., Ltd.
LG Display Co., Ltd. amended its previous disclosure to update details regarding the transfer of its automotive display LCD module business unit to Top Run Total Solution (Nanjing) Co., Ltd. The transaction involves a transfer price of 104,109,530,000 KRW (approximately CNY 491.5 million), based on the appraised value of tangible assets as of December 31, 2024. The scheduled transfer date is September 30, 2026, with the final price subject to adjustment for additional assets and liabilities. This strategic move aims to improve enterprise-wide operational efficiency by outsourcing in-house production. LG Display Co., Ltd. operates in the display technology industry, manufacturing liquid crystal displays and related modules.