Pandemic Brought Q1 Price Declines in Key Raw Materials, Says LG Display
The COVID-19-induced economic slowdown sent Q1 pricing falling in raw materials used in display panel production, said LG Display’s quarterly report Friday. The average pricing of electrolytic galvanized iron, the main raw material in a panel’s backlight components, fell 1.7%…
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in Q1 from the same 2019 quarter, said LGD. The pricing of resins used in panel construction declined 12.2%, and copper, the main raw material in printed circuit boards, fell 5.3%, it said. LGD sources PCBs from Korea SMT, backlights from Heesung Electronics and display glass from Asahi Glass and Paju Electric Glass, an LG group subsidiary, said the report.