LG Display

An employee of a bank, located in the building housing the plant that turns out smartphone flat screens, tested positive for the virus, leading to the shutdown, a company spokeswoman said

The new TV models are additions to LG's existing 88 and 75-inch screen sizes in its OLED and NanoCell TV lineup

LG Display's troubles stand as a stark example of the risks inherent in hotly competitive technology businesses that require massive capital investment

The ministry said in a statement that the approval was conditional on LG Display boosting the use of local materials and equipment

The world's top liquid crystal display maker has warned of difficult market conditions due to sluggish global economic growth.