
SEOUL -- South Korea's display panel makers are in trouble. LG Display, the world's top manufacturer of liquid crystal display panels, posted a record loss for the fiscal year ended last December, while Samsung Electronics plans to pull out of the large LCD panel business entirely.
"The game's over. We are no match for the Chinese in LCDs," said an official at a flat-panel parts maker in South Korea upon hearing the news of Samsung's pullout in late March, voicing a widely held view among local suppliers and analysts.