South Korea's LG Display to end domestic production of LCD TV panels by end of 2020
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(Reuters) - South Korean panel maker LG Display Co Ltd will halt domestic production of liquid-crystal display (LCD) TV panels by the end of this year, its chief executive said on Monday, due to dropping LCD prices and a global supply glut. The suspension of domestic LCD TV production comes after the company last year chopped its spending, replaced its long-time CEO and started a voluntary redundancy program."We will be wrapping up our LCD TV production in South Korea by end of this year and..