LG Display withdraws Nanjing unit’s auto display LCD module business transfer after deal talks stall

Bitget2026/09/23 07:03

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LG Display withdrew a planned transfer of its subsidiary’s Auto Display LCD module business after failing to reach final terms.
The deal with Top Run Total Solution (Nanjing) was terminated, cancelling a previously disclosed consideration of KRW 104.11 billion.
The transaction had been slated to close on Sept. 30, 2026, with the business intended to be outsourced to improve efficiency.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LG Display Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260923800497), on September 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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