SEOUL/CHONGQING -- South Korea's LG Chem will stop making components for LCD panels, as its main customers have moved away from producing the displays and Chinese competitors have eroded its margins.
Squeezed by Chinese competition, South Korean company focuses on battery materials

South Korea's LCD industry is shrinking as panel makers like LG Display change course. (Photo courtesy of LG Display)
SEOUL/CHONGQING -- South Korea's LG Chem will stop making components for LCD panels, as its main customers have moved away from producing the displays and Chinese competitors have eroded its margins.