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Samsung to close two LCD facilities in China

Posted: 24 Oct 2007 ?? ?Print Version ?Bookmark and Share

Keywords:LCD facility? monitor? China factory?

Samsung Electronics will close two LCD factories in Southern China in order to focus on its production base in Tianjin, according to citing a report from Huaxia Times.

The South Korean company will reportedly shut down its LCD factories located in Zhongshan and Huizhou, but a company representative declined to give more details.

Samsung's LCD monitor output was reportedly 230,000 in September, down 14.8 percent from August's output. After closing the two factories, the company will reportedly focus on middle- and high-end monitors that yield higher gross profit.

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