裁员1000人！

Group 1 - LG Display (LGD) has announced the complete closure of its Yantai module factory, affecting over 1,000 employees, with compensation set at N+1 [2] - The Yantai factory, established in 2010, has been a significant LCD module assembly base for LGD, responsible for processes such as driver chip packaging and shell assembly [4] - The factory's net profit has been declining sharply, with figures dropping from 119.1 billion KRW (approximately 598 million RMB) in 2022 to 10.09 billion KRW (approximately 507 million RMB) in 2023, and plummeting to 2.69 billion KRW (approximately 13.5 million RMB) last year, a nearly 80% decrease [4] Group 2 - LGD is strategically exiting the LCD business, having already sold its large LCD panel and module factory in Guangzhou to TCL Technology, further consolidating its focus on OLED technology [6] - The transfer of equipment to Vietnam and the potential sale of the Yantai factory are part of LGD's ongoing efforts to optimize resource allocation and respond to competition from Chinese panel manufacturers [5][6]