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the background of this acquisition is that tcl technology has entered the semiconductor display field since 2009 and has formed 9 panel production lines through self-construction and industrial integration. the products cover tvs, interactive whiteboards, splicing screens, monitors, vehicles, and tablets. , mobile phones and other fields. the company has achieved great success in the semiconductor display business, and its market share ranks among the top in the industry.

lgdca and lgdgz are located in huangpu district, guangzhou city. they are leaders in the lcd industry. their production scale is huge and their technology is superb, providing strong resource support for tcl technology. by acquiring these two factories, tcl csot will integrate panel resources, optimize the industry structure, promote healthy competition in the display panel field, and promote long-term stability, healthy and sustainable development of the semiconductor display industry.

this transaction is not just a simple merger and acquisition, it symbolizes tcl technology’s clear plan for its future development direction. by integrating lgdca's technology and production capacity, tcl csot can continue to optimize its product structure and meet the market's demand for wide viewing angles and color accuracy. at the same time, technological integration and innovation will not only help tcl huaxing accelerate product iteration, but also promote the optimization of its patent portfolio and consolidate the company's competitiveness.

in addition, this acquisition also brings greater opportunities to tcl technology. they will establish a "gemini" factory by integrating the resources of lgdca and lgdgz to further optimize resource allocation, reduce operating costs, improve operating efficiency, and lay a solid foundation for the company's long-term development. this is also the layout of tcl technology in the international market. it will explore new areas more boldly and achieve greater success.