LG Display Begins Mass Production at New LCD Module Plant in Mexico
LG Display has recently begun mass production at its new LCD module plant in Reynosa, Mexico, a new plant that will serve as a strategic base to expand the company's presence in North America, the world's second largest TV market.
In 2012, the plant is expected to produce 700,000 LCD modules for FPR (Film Patterned Retarder) 3D TVs.
The new production line is able to manufacture both individual components such as back light units and LCD modules, as well as complete TV sets. The integrated process will reduce total production costs as LG Display in conjunction with its strategic partner oversee both component and complete products, making it easier to manage total output and supply issues.
The plant in Mexico is LG Display's fifth global module plant, with additional factories located in Nanjing, Guangzhou, and Yentai, China, as well as Wroclaw, Poland.
According to NPD DisplaySearch, total LCD TV shipments in North America reached 38 million units, accounting for about 18 percent of the total 205 million units sold globally in 2011. It is also forecasted that North America, with expected sales of around 29 million units, will become the world's second-largest LCD TV market after China this year.
The new production line is able to manufacture both individual components such as back light units and LCD modules, as well as complete TV sets. The integrated process will reduce total production costs as LG Display in conjunction with its strategic partner oversee both component and complete products, making it easier to manage total output and supply issues.
The plant in Mexico is LG Display's fifth global module plant, with additional factories located in Nanjing, Guangzhou, and Yentai, China, as well as Wroclaw, Poland.
According to NPD DisplaySearch, total LCD TV shipments in North America reached 38 million units, accounting for about 18 percent of the total 205 million units sold globally in 2011. It is also forecasted that North America, with expected sales of around 29 million units, will become the world's second-largest LCD TV market after China this year.
