LG Display is boosting profitability by lowering the production cost of OLED TV panels at its Guangzhou plant in China, which began mass production in earnest in 2020. The Guangzhou plant’s production cost is up to 14 percent lower than that at the Paju plant in Korea. Market research firm Display Supply Chain Consultants (DSCC) forecast on Oct. 21 that the production cost of large OLED TV panels at LG Display’s Guangzhou plant will drop this year compared to 2020. Currently, the Guangzhou plant can process 60,000 glass substrates per month, similar to Paju plant’s capacity of 70,000 substrates per...