110.88亿！TCL科技公布LGD广州工厂最终收购价格

Core Insights - TCL Technology has completed the acquisition of 80% of LG Display (China) Co., Ltd. and 100% of LG Display (Guangzhou) Co., Ltd. for a total transaction price of 11.088 billion RMB [2] - The acquisition price underwent several adjustments, starting from an initial price of 10.8 billion RMB announced in September 2024, adjusted to 11.2 billion RMB in April 2025, and finally locked at 11.088 billion RMB in October 2025 [2] - LGDCA is an 8.5-generation large LCD panel factory primarily producing large-size LCD panels for TVs and commercial displays, while LGDGZ is a module factory focusing on LCD display modules [2] Company Developments - TCL Huaxing has now acquired two 6th generation, four 8.5 generation, one 8.6 generation, and two 10.5 generation LCD production lines following the acquisition [2] - The LGDCA was officially transferred to TCL Huaxing in April this year and has been renamed to t11 [2] Market Position and Strategy - According to TrendForce, TCL Huaxing is expected to increase its global LCD production area share due to the completion of this acquisition and the enhancement of t9 8.6 generation line capacity [5] - The company aims to expand production capacity for ultra-large TVs, particularly those 80 inches and above, which may lead to a supply squeeze for other sizes, necessitating additional capacity to maintain its leading position in the 55-inch segment [5] - The addition of t11 is seen as beneficial for TCL Huaxing, providing greater operational flexibility and capacity to meet market demands [5]