October 4, 2019 / 1:37 AM / a month ago

Samsung Display suspended one LCD production line in South Korea last month: source

FILE PHOTO: A worker wipes a glass panel bearing the logo of Samsung Electronics at its office building in Seoul, South Korea January 7, 2019. REUTERS/Kim Hong-Ji

SEOUL (Reuters) - Samsung Display suspended one of its liquid crystal display (LCD) production lines in South Korea last month amid falling demand for LCD panels, a source with direct knowledge of the matter said on Friday.

Samsung Display, a unit of Samsung Electronics Co Ltd (005930.KS), said in August it was considering suspending one of its LCD production lines at home due to a supply glut.

Reporting by Heekyong Yang; Editing by Muralikumar Anantharaman

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