Samsung sells its LCD plant in China to TCL for $1.8 billion

Update: 2020-09-01

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Samsung Display has sold its LCD plant in Suzhou, China, insiders reveal. The main buyer is the local company CSOT which is owned by TCL, the conglomerate that also builds the alcatel smartphones.

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Samsung sells its LCD plant in China to TCL for $1.8 billion

#box-pro-ellipsis-176107509888953{-webkit-line-clamp:2;}Samsung sells its LCD plant in China to TCL for $1.8 billion

Samsung sells its LCD plant in China to TCL for $1.8 billion

Jishu Banerjee

Samsung sells its LCD plant in China to TCL for $1.8 billion