LG Group Continues to Pull Out of China, Selling Guangzhou LCD Plant for $1.54 Billion

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  • เผยแพร่เมื่อ 4 ธ.ค. 2024

ความคิดเห็น • 222

  • @blackbelt2000
    @blackbelt2000 15 ชั่วโมงที่ผ่านมา +124

    smart move to leave. doing business in chynah is nothing but a nightmare

  • @srj607able
    @srj607able 14 ชั่วโมงที่ผ่านมา +157

    Those workers shouldn’t complain. At least they get some severance packages. If it was a Chinese company they wouldn’t get any compensation nor peanuts . 😂

    • @EndlessTravels
      @EndlessTravels 9 ชั่วโมงที่ผ่านมา +8

      They love those Western take away packages
      LG is Korean, so it won't be as good.but it still better than China
      I just think its funny when CHinese complain or protest...they have no rights, its China
      If they want rights and speak CHinese goto the other country Taiwan, they have freedom and rights

    • @davidandrew1078
      @davidandrew1078 6 ชั่วโมงที่ผ่านมา +3

      Not true, they have got a packet of Peanuts each.

    • @pablosskates7067
      @pablosskates7067 2 ชั่วโมงที่ผ่านมา +1

      @@davidandrew1078fried in gutter oil

    • @emperorjonz9590
      @emperorjonz9590 ชั่วโมงที่ผ่านมา +1

      @@davidandrew1078 Well as long as LG is giving them the legal requirement LG is the good guys haha

  • @wheezysqueezebox7651
    @wheezysqueezebox7651 15 ชั่วโมงที่ผ่านมา +153

    If it were a Chinese company, the employees would probably have been sent home early, for the New Year's Holiday, and would have come back to an empty factory, and no jobs or compensation.

    • @danielb7253
      @danielb7253 11 ชั่วโมงที่ผ่านมา +10

      Common practice. The people know this trick

    • @vueport99
      @vueport99 11 ชั่วโมงที่ผ่านมา +19

      Despite all the bad mouthing of foreign companies operating in China... It turns out they are the best employers China ever had! And yet little pinks want all foreign companies gone...
      Well, their wishes have come true!
      Go figure! 😂😂😂😂

    • @maxruedy951
      @maxruedy951 10 ชั่วโมงที่ผ่านมา +2

      FAFO.

    • @danielb7253
      @danielb7253 10 ชั่วโมงที่ผ่านมา

      @@vueport99 its true they pay severance packages 100% chinese companies screw over their own people all the time. Then ccp blames all their troubles on the west. Dont forget!! “100 years of humiliation!”

  • @CasperWang-n1k
    @CasperWang-n1k 14 ชั่วโมงที่ผ่านมา +79

    LG has the right to sell. This is not life time employment.

    • @_PatrickO
      @_PatrickO 12 ชั่วโมงที่ผ่านมา +2

      TCL is free to retain any of these employees.

  • @Chris.Davies
    @Chris.Davies 15 ชั่วโมงที่ผ่านมา +175

    Great move from LG.
    Korea knows China is done.

    • @mathamour
      @mathamour 13 ชั่วโมงที่ผ่านมา +10

      🤣🤣 It's strange how Chinese people can say they don't like Korea, but still be fans of LG. In the same way, they might complain about the US but use products like TH-cam and Windows 10 every day, and look up to places like Harvard and NASA. It doesn't quite add up.

    • @patrickt49
      @patrickt49 12 ชั่วโมงที่ผ่านมา

      @@mathamour It's completely within their character
      "Tens of thousands of Chinese students annually extract all they can get from the mission schools, and after graduation, without ever having exhibited the slightest interest in Christianity, got about getting a job in business, the government or an allied racket, banditry, or whatever looks most promising. That is natural enough, but that they should be anti-foreign after having been beneficiaries of so much is typically Chinese." - "Ways that are dark: The Truth About China" by Ralph Townsend (Former US Consul who lived in 1930s China)

    • @aj-us5qp
      @aj-us5qp 12 ชั่วโมงที่ผ่านมา +4

      No matter what exterior & ideological differences separates us inside we are more similar than we would like to admit. 😒

    • @albertosanz8446
      @albertosanz8446 9 ชั่วโมงที่ผ่านมา +1

      ​@@mathamour..jealousy...

    • @kamsunleong6648
      @kamsunleong6648 8 ชั่วโมงที่ผ่านมา +1

      Great move. People should support local brands.

  • @xhagast
    @xhagast 10 ชั่วโมงที่ผ่านมา +25

    LG got out on time and sold an obsolete factory to rivals that are destroying the market and themselves. Congratulations.

  • @CryptoCryoto
    @CryptoCryoto 15 ชั่วโมงที่ผ่านมา +73

    Every day the CCP is getting weaker Winnie the Pooh is running out of honey 😂

    • @king2132000
      @king2132000 15 ชั่วโมงที่ผ่านมา +8

      Facts! And the orange man is not even in office yet.

    • @AlexMkd1984
      @AlexMkd1984 6 ชั่วโมงที่ผ่านมา

      usa is running out poor fake American failures

    • @AlexMkd1984
      @AlexMkd1984 6 ชั่วโมงที่ผ่านมา +1

      ​@@king2132000your lies are fact🤣🤣🤣🤣🤣

  • @homerj806
    @homerj806 14 ชั่วโมงที่ผ่านมา +40

    Awww. Ain't that cute. Chinese workers think striking will change their work situation.

    • @wolfwolf7246
      @wolfwolf7246 11 ชั่วโมงที่ผ่านมา +1

      😁😁😁😆.yes true.

    • @deannekliene2673
      @deannekliene2673 7 ชั่วโมงที่ผ่านมา

      Like their govt....bullies

    • @Kulutuk-bn4yc
      @Kulutuk-bn4yc 5 ชั่วโมงที่ผ่านมา

      Naaaaaah....
      China now has products with its own brands that are very competitive and often outperform products from foreign companies and foreign brands.
      Moreover, the prices of Chinese products are very affordable and the quality is also good.
      And you know what...??
      Those foreign companies which are leaving China simply cannot compete in the Chinese market anymore.!
      So... ,
      China's doors are always wide open for foreign companies that are unable to compete, aka losers, to leave.
      No big deal!

  • @SamiKotiranta
    @SamiKotiranta 15 ชั่วโมงที่ผ่านมา +75

    Good news for India and Vietnam, Winnie the Pooh must be so proud of his actions that are actively driving international companies away.

    • @mathamour
      @mathamour 12 ชั่วโมงที่ผ่านมา +9

      😃😃It's strange how Chinese people can say they don't like Korea, but still be fans of LG. In the same way, they might complain about the US but use products like TH-cam and Windows 10 every day, and look up to places like Harvard and NASA. It doesn't quite add up.

    • @heribertosarmiento1265
      @heribertosarmiento1265 11 ชั่วโมงที่ผ่านมา

      @@mathamoursame with Japan . Can’t stand Japan but is their first choice for holidays, cameras and food . This is what brainwashing does make you hate those you do businesses with.

    • @zeorhymer6
      @zeorhymer6 10 ชั่วโมงที่ผ่านมา

      Eh. Vietnam and other nearby countries are going bad with the influx of Chinese and their attitudes

    • @krisjelenga821
      @krisjelenga821 9 ชั่วโมงที่ผ่านมา +3

      So true..since that smug know all has been in china has gone down...aint it good

  • @TheTektronik
    @TheTektronik 12 ชั่วโมงที่ผ่านมา +22

    Good on LG to pull out.

  • @Filayobo
    @Filayobo 8 ชั่วโมงที่ผ่านมา +13

    Really ?Complaining about severance? You’re lucky this company didn’t run away like Chinese business who provided nothing! Blame your government for industry collapse!

  • @animejanai4657
    @animejanai4657 12 ชั่วโมงที่ผ่านมา +13

    It's amazing that LG even bothered to obey labor laws when most Chinese companies do not or only pay lip service before ghosting the former employees.

  • @sweetla4750
    @sweetla4750 13 ชั่วโมงที่ผ่านมา +19

    Everyone & Everything is bailing on China & rightfully deserved

  • @DukeLM
    @DukeLM 15 ชั่วโมงที่ผ่านมา +26

    Empty plant sold at a good price!

  • @arnelbondoc1553
    @arnelbondoc1553 7 ชั่วโมงที่ผ่านมา +7

    Now the bully will be weakened and humbled

  • @bastianleejones
    @bastianleejones 5 ชั่วโมงที่ผ่านมา +5

    bye bye CCP!

  • @roymichaeldeanable
    @roymichaeldeanable 12 ชั่วโมงที่ผ่านมา +12

    The employees don't want to be employed by a Chinese company as they are treated like shit

    • @albertosanz8446
      @albertosanz8446 9 ชั่วโมงที่ผ่านมา +1

      , and low wages...

  • @SERGIO-cr6uy
    @SERGIO-cr6uy 15 ชั่วโมงที่ผ่านมา +29

    I assume if the US / Japan / South Korea / European brands leave China it's more likely coz they copy their technology and used for their own chinese brands.
    Imagine spending hundreds of millions in research and Chinese compagnies just copy the technologies? It's then easier for them so sell similar products cheaper.
    It affects financially the established brands which could desapear, leaving only chinese brands.

    • @sweetla4750
      @sweetla4750 13 ชั่วโมงที่ผ่านมา +9

      The Chinese have done this with EVERYTHING,this is long overdue

    • @SERGIO-cr6uy
      @SERGIO-cr6uy 13 ชั่วโมงที่ผ่านมา +6

      @sweetla4750 yes, I think companies have woken up and have decided to leave the massive Chinese market as it's too risky for them.
      If we take the exemple of the car industry, 20 years ago there was almost no Chinese company, they had few brands but pretty insignificant.
      They allowed foreign companies within China and then started copying the manufacturing for their brands.
      Not only the European / Japanese / US cars don't sell well in China, but China wants the European Market / US / Africa / Australia...
      If people buy Chinese cars then some European / Japanese / US manufacturers might disappear and China will have the monopoly....

    • @_PatrickO
      @_PatrickO 12 ชั่วโมงที่ผ่านมา

      @@sweetla4750 The biden admin has been pushing companies to leave china very hard. The state department had ambassadors negotiating multiple nation deals that moved manufacturing out of china. Biden has wrecked china because the chinese government is incapable of doing anything to help their own people. The US is not helping china anymore.

    • @KitKitChanIsaac
      @KitKitChanIsaac 10 ชั่วโมงที่ผ่านมา

      ​@@SERGIO-cr6uyThat's China's plan all along, to have the monopoly in everything and ultimately rule the world.

    • @albertosanz8446
      @albertosanz8446 9 ชั่วโมงที่ผ่านมา

      That's the goal of the CCP..global domination

  • @Ramy-ql3tr
    @Ramy-ql3tr 12 ชั่วโมงที่ผ่านมา +19

    No one should support bullies. Good move LG.

  • @mightT1
    @mightT1 15 ชั่วโมงที่ผ่านมา +16

    poor poor Chinese people... when you care more about making money than having democracy. Taiwan same people and language having over 50x better everything from Government that cares, Schools, health and jobs.

    • @cyansadventures
      @cyansadventures 38 นาทีที่ผ่านมา

      Yea? 1960s Mainland Chinese were swimming across the strait to get to Taiwan. 2010s Taiwanese tech graduates are flocking to China for a better life. 😂
      Democracy? I remind you that ALL the Asian tigers had their greatest economic growth under authoritarian rule. All of them. You know who had democracy? Phillipines and India. 😂

  • @PassionataDance
    @PassionataDance 13 ชั่วโมงที่ผ่านมา +9

    "Bouncing is what companies do best" Tigger as he bounces away from Pooh bear.

  • @MrBashem
    @MrBashem 10 ชั่วโมงที่ผ่านมา +6

    When those Tariffs come there will be more companies leaving.

  • @KayKayA.K
    @KayKayA.K 13 ชั่วโมงที่ผ่านมา +9

    I wonder if this has to do with the upcoming tariffs, LG sells heavily to the US.

  • @arnoldhipolito6769
    @arnoldhipolito6769 5 ชั่วโมงที่ผ่านมา +3

    LG group should transfer to Philippines.

  • @Radek3887
    @Radek3887 14 ชั่วโมงที่ผ่านมา +7

    They should be happy they got a severance package instead of complaining their severance package wasn't as good as other's. Maybe these people can get jobs at other Chinese LCD manufacturers since LG decided to stop making these panels.

  • @juancasidis4387
    @juancasidis4387 15 ชั่วโมงที่ผ่านมา +16

    Good ! Move to korea , Thailand or viet .

    • @sweetla4750
      @sweetla4750 13 ชั่วโมงที่ผ่านมา

      They have more countries than ones that exploit workers for pennies

  • @pl2996
    @pl2996 10 ชั่วโมงที่ผ่านมา +4

    Bro. There's tons of vids of Chinese companies running away overnight with ZERO pay given to employees. These Chinese companies that bail don't pay on what is already DUE. How are they going to complain when LG is giving 3 options?

  • @jorgekumagai2672
    @jorgekumagai2672 7 ชั่วโมงที่ผ่านมา +4

    The era of making easy money in China is over. 😀

  • @2Phast4Rocket
    @2Phast4Rocket 11 ชั่วโมงที่ผ่านมา +4

    LG is worried that the US will impose large tariff if the major Korean companies have a major presence in china

  • @laro4780
    @laro4780 13 ชั่วโมงที่ผ่านมา +5

    Great news

  • @thebigbient8736
    @thebigbient8736 15 ชั่วโมงที่ผ่านมา +7

    TCL will gladly take over the lower end panel market. Im happy to see LG focus on OLED. It is the future.

    • @sahimspencer6473
      @sahimspencer6473 13 ชั่วโมงที่ผ่านมา +1

      TCL have only ever played in the low end and old tech.

    • @bcluett1697
      @bcluett1697 12 ชั่วโมงที่ผ่านมา

      LG wasn't lower end. There are already low end panels in PCs and TVs. TCLs will just cost more like Sony's and Samsungs.

    • @AlexMkd1984
      @AlexMkd1984 6 ชั่วโมงที่ผ่านมา

      sony buy lg panels sony dont have own display ​@@bcluett1697

    • @AlexMkd1984
      @AlexMkd1984 6 ชั่วโมงที่ผ่านมา +1

      ​@@bcluett1697educate yourself samsung is brand sony is brand learn sometimes istead of your Lies

    • @AlexMkd1984
      @AlexMkd1984 6 ชั่วโมงที่ผ่านมา

      ​@@bcluett1697your iq 12 is hilarious 😂 😂 😂 😂 😂

  • @haianh3936
    @haianh3936 15 ชั่วโมงที่ผ่านมา +2

    Thank you buddy

  • @RatTerminator
    @RatTerminator 13 ชั่วโมงที่ผ่านมา +5

    GOOD 🇺🇲

    • @AlexMkd1984
      @AlexMkd1984 6 ชั่วโมงที่ผ่านมา

      💩💩💩💩💩💩

  • @haianh3936
    @haianh3936 15 ชั่วโมงที่ผ่านมา +4

    There's protest without police? Understand?

  • @jinjang1984
    @jinjang1984 15 ชั่วโมงที่ผ่านมา +4

    You better take what they offer and move somewhere else. Soon the town will become a ghost town.

  • @ray3172
    @ray3172 12 ชั่วโมงที่ผ่านมา +3

    No wonder why my LG oven sucks it was made in Guangzhou.

  • @luked9301
    @luked9301 14 ชั่วโมงที่ผ่านมา +2

    Thanks for the info. Some audio issues near 12 min mark.

  • @nosoupforyou425
    @nosoupforyou425 12 ชั่วโมงที่ผ่านมา +3

    6:56 is when you learn that intellectual theft has consequences

  • @aj-us5qp
    @aj-us5qp 12 ชั่วโมงที่ผ่านมา +1

    No matter what exterior & ideological differences separates us inside we are more similar than we would like to admit. 😒

  • @Badmuthaphka
    @Badmuthaphka 15 ชั่วโมงที่ผ่านมา +1

    Who is China going to rip off now that everyone's shutting down there Chinese factories 😂😅😂

  • @JenGM24
    @JenGM24 5 ชั่วโมงที่ผ่านมา

    Damn, things are looking rough out there, A lot of companies pulling out.

  • @albertosanz8446
    @albertosanz8446 9 ชั่วโมงที่ผ่านมา +1

    Karmaaaaaaaa.....😂😂😂😂😂😂

  • @frankenjstein9371
    @frankenjstein9371 7 ชั่วโมงที่ผ่านมา

    We will help China through this. China will have freedom soon.

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    @JamesCroft-j4k 14 ชั่วโมงที่ผ่านมา +1

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  • @Digmen1
    @Digmen1 10 ชั่วโมงที่ผ่านมา

    So where are LG going to make the LCD panels?
    And what will the company that bought the plant do with it?
    Is it just the empty building or did it include plant and machinery etc?

  • @dgillies5420
    @dgillies5420 4 ชั่วโมงที่ผ่านมา

    Here in the USA when Japan took our TV jobs or when China took the rest of our jobs we were normally offered $0 as factories and businesses shut down. Best case, 1.5w of pay for every YEAR worked!

  • @kylorokx1552
    @kylorokx1552 8 ชั่วโมงที่ผ่านมา

    LG should not negotiate!

  • @JB-gr6om
    @JB-gr6om 6 ชั่วโมงที่ผ่านมา

    Gold ole Lucky Goldstar.

  • @JsyTee-i3f
    @JsyTee-i3f 11 ชั่วโมงที่ผ่านมา

    Live,laugh and enjoy. That's the dream.

  • @nullandvoid5
    @nullandvoid5 7 ชั่วโมงที่ผ่านมา +1

    Move to SEA now, work with ur allies

  • @benplumlee751
    @benplumlee751 10 ชั่วโมงที่ผ่านมา +1

    LG Quality was meh at best

  • @paulgaskins7713
    @paulgaskins7713 10 ชั่วโมงที่ผ่านมา

    5:23 yea, it’s almost like when you’re not threatening war against a foreign company’s home country or stealing their IP and then undercutting them in your own country and abroad, then the company is down to hook people up

  • @kylorokx1552
    @kylorokx1552 8 ชั่วโมงที่ผ่านมา

    Technically, these outdated LCD can be made to outdoor/indoor LED signs/business signs/ jumbotrons etc... with high resolutions.

  • @JsyTee-i3f
    @JsyTee-i3f 11 ชั่วโมงที่ผ่านมา +1

    I hope china become Republic.

  • @amadeusamwater
    @amadeusamwater 15 ชั่วโมงที่ผ่านมา +4

    I'm not sure American companies behave much better. MySIL worked 40 years for a national restaurant chain. One day they just locked the doors and laid everybody off. No warning, no severance pay.

    • @sweetla4750
      @sweetla4750 13 ชั่วโมงที่ผ่านมา +2

      Her first mistake was working for a chain!I have been in the rest industry for over 20+yrs have have yet to work for a chain,they dgaf about u!

    • @amadeusamwater
      @amadeusamwater 12 ชั่วโมงที่ผ่านมา

      @@sweetla4750 The chain was highly successful until last year. She was making over $40,000 a year as a server. Good benefits as well, why not stay.

  • @Joherandez-jz4jn
    @Joherandez-jz4jn 8 ชั่วโมงที่ผ่านมา

    All foreign investors learned what could happen to them by looking at what happened to those companies that were in Russia.

  • @illuminatusdeus3051
    @illuminatusdeus3051 9 ชั่วโมงที่ผ่านมา

    They are still there... just that they are seeing declining demand hence they sold manufacturing facilities....

  • @sylvi73
    @sylvi73 9 ชั่วโมงที่ผ่านมา

    The company was sold on September 2024 as its said LG was loosing money.

  • @johnnywadd7960
    @johnnywadd7960 10 ชั่วโมงที่ผ่านมา +1

    Many other countries with cheaper labor

  • @nagasako7
    @nagasako7 9 ชั่วโมงที่ผ่านมา

    Also LCDs are now commodities. They don't have profit margins of something like GPU or AI chips.

  • @davestark2015
    @davestark2015 11 ชั่วโมงที่ผ่านมา

    Don't give them anything

  • @tedzehnder961
    @tedzehnder961 7 ชั่วโมงที่ผ่านมา

    Many years ago people that made saddles for horses and horse drawn carriages lost their jobs when the automobile came along.Getting any severance package for an outdated technology job is sad but it is the way of the world.If they think it`s unfair everyone should quit immediately and cause the company to re-think paying their severance package, or they should think about re-locating. These workers took the jobs from other countries because they were willing to take less pay and I doubt they were feeling sorry for those people who lost their jobs. Boycott the company is the best thing that can be done.When buying my last big screen I paid more money to make sure it was made in Japan where the workers at least make a living wage.

  • @ernestkj
    @ernestkj 2 ชั่วโมงที่ผ่านมา

    LG should just find some small/lame mistakes from the staffs then sack them without any compensation.

  • @redmigeeold1417
    @redmigeeold1417 5 ชั่วโมงที่ผ่านมา

    That's what happens when you can no longer compete.

  • @jmchng9662
    @jmchng9662 2 ชั่วโมงที่ผ่านมา

    The main & true reason why LG is exiting from China....
    Back in the mid-2000s, Korea led the global LCD TV panel market with LG and its crosstown rival Samsung Display Co. accounting for nearly half of global shipments of such displays.
    However, Chinese players, led by BOE and CSOT, emerged as formidable competitors, armed with generous state subsidies.
    Korean LCD makers have been losing money for years while Chinese companies have rapidly increased their global market share with cheaper panels.
    Amid sharp LCD panel price declines, LG Display posted an operating loss of 2.09 trillion won in 2022 and such losses widened to 2.5 trillion won last year. If I am not wrong, all in LG had poured in (invested) 4 trillion won into its China plant.
    Conclusion: There is a saying "if you can't beat them, join them". But for many of these foreign companies that were once operating in China, they have a new saying "if we can't beat them, we better run away"! 😂😂

  • @scottmarquardt3575
    @scottmarquardt3575 11 ชั่วโมงที่ผ่านมา

    After I got laid off from a steel plant in 09 I got 2 years of unemployment at 50% of my pay. My mom thought it was going to last so I went to party in the hills, should of went to KC or LA

  • @marcusgibson3899
    @marcusgibson3899 14 ชั่วโมงที่ผ่านมา

    Chinese production of flat screens - vastly in excess of the market - eliminates all foreign competition such as LG. Chinese manufacturers will now monopolise the market - which was their aim all along..

    • @cyansadventures
      @cyansadventures 36 นาทีที่ผ่านมา

      The West loves the free market until they're outcompeted, then its "cheating".

  • @MrKlausHeisler
    @MrKlausHeisler 11 ชั่วโมงที่ผ่านมา

    If LG moves the plant to Taiwan for chips their products will last longer.

    • @AlexMkd1984
      @AlexMkd1984 6 ชั่วโมงที่ผ่านมา +1

      if you belive in own Lies

  • @benvandermerwe4934
    @benvandermerwe4934 2 ชั่วโมงที่ผ่านมา

    With a one child policy it's better to pull out early.

  • @jimmylam9846
    @jimmylam9846 9 ชั่วโมงที่ผ่านมา

    .........there will be other Chinese company take it place. No big deal !

  • @SonnyChan-y3w
    @SonnyChan-y3w 13 ชั่วโมงที่ผ่านมา

    When you join a company, you are only entitled to whatever that firm offers. If you didn't like it, you should have gone to another company. If you didn't research what that company offers in the way of benefits, that's on you for being lazy and only focusing on wages alone. This sense of entitlement may prevent companies from coming back so I don't think employment is going to get better in this city any time soon.

  • @jamesgodfrey1322
    @jamesgodfrey1322 11 ชั่วโมงที่ผ่านมา

    I would move with the job; the big issue is location. The issue is that a homeowner can have a lot of negative equity in China; this could stop you from selling and moving somewhere else, so can you commute to the new location of the job being offered. What is the travel time like? near by ? so close from sound of things but worst case, short to midterm My work round would be to get a small RV to travel down for work and live in and travel home when not working, and in China, the market for vans, RVs, cars, etc. is a buyers market at the moment. Now could you try to relocate to the home country of the firm? This would be the smart move long-term. Why I looking at Trump and his tariffs, which will affect China badly.

  • @28naveenator27van
    @28naveenator27van 8 ชั่วโมงที่ผ่านมา

    this injection of money will help LG display for awhile, same as OLED production but LG will go tits up in a few painful years no matter where it puts its plants, look at SHARP electronics to see what is happening to LG Display. China will quickly transition to OLED and kill the profitability for all. Then where do you jump? It becomes a pure appliance/commodity biz after.

  • @andrewallen9993
    @andrewallen9993 10 ชั่วโมงที่ผ่านมา

    Soon 9GL electronics will be manufacturing LG products, just cheaper from the same factory.

  • @sony5244
    @sony5244 9 ชั่วโมงที่ผ่านมา

    China economy is going South and this trends is accelerating with more and more companies closing shop . A lot of skilled Chinese workers will be out of job and this has a double knock off on the economy, making things worse.

  • @mtube620
    @mtube620 8 ชั่วโมงที่ผ่านมา

    what took LG so long to exit china. All Japan, and korean Samsung have left long ago

  • @frangitofrangito
    @frangitofrangito 9 ชั่วโมงที่ผ่านมา

    CCP pissed becau now China wont get pregnant... 😂😂😂

  • @Dmwntkp99
    @Dmwntkp99 7 ชั่วโมงที่ผ่านมา +2

    BOE panels are shit.

    • @AlexMkd1984
      @AlexMkd1984 6 ชั่วโมงที่ผ่านมา

      thash why crapple use boe panels

    • @Dmwntkp99
      @Dmwntkp99 6 ชั่วโมงที่ผ่านมา

      @@AlexMkd1984 I had to return 3 units with the same issue. pure shit💩

  • @nagasako7
    @nagasako7 9 ชั่วโมงที่ผ่านมา

    Due due Trump tariffs, factories are all rushing to move in time to countries not affected.

  • @globanxiety
    @globanxiety ชั่วโมงที่ผ่านมา

    why don't they protest in the streets? :P

  • @user-qr4jf4tv2x
    @user-qr4jf4tv2x 10 ชั่วโมงที่ผ่านมา

    Life is good ™ right?

  • @OregonGrower420
    @OregonGrower420 10 ชั่วโมงที่ผ่านมา

    Man trump is really changing everything everywhere. Hopefully those jobs will come back to America 👍

  • @hihellokitty85
    @hihellokitty85 12 ชั่วโมงที่ผ่านมา

    Keep complaining. It just helps other companies leave China faster.

  • @chrisblue46
    @chrisblue46 5 ชั่วโมงที่ผ่านมา

    TCL are cheap rubbish TV's, I made the mistake of buying 3 of them,.

  • @Iskandar_Igit
    @Iskandar_Igit 4 ชั่วโมงที่ผ่านมา

    If it was chinese, they sent home early, and covid release package lol!

  • @darthzenex5575
    @darthzenex5575 8 ชั่วโมงที่ผ่านมา

    How the table turns.

  • @michaelhband
    @michaelhband 14 ชั่วโมงที่ผ่านมา

    👍👍👍

  • @popcorn6931
    @popcorn6931 6 ชั่วโมงที่ผ่านมา

    china's decline seem slow and steady

  • @slammerlo510
    @slammerlo510 12 ชั่วโมงที่ผ่านมา

    Many Companies were push out ..maybe the same here but do one talking. Will be another state secret lol

  • @sinalbertckwong6406
    @sinalbertckwong6406 2 ชั่วโมงที่ผ่านมา

    Yes LG is pulling out and sold its China's plants. But you didn't layout all things business do when they do fire sale. That is, when business market collapse amid the advances of domestic competition any location, fire sale is the only option for foreign big business. Why, you may ask!! The only fact of life for foreign business is 'you can leave and take your monies, as much as possibly, but you can't your physical assets with you'!!! 😮😮😮

  • @chriswendschlag1856
    @chriswendschlag1856 8 ชั่วโมงที่ผ่านมา

    How do you do business with a ideology that wouldnt care about your profits only their state.

  • @carlrichard1882
    @carlrichard1882 15 ชั่วโมงที่ผ่านมา +2

    LG needs to fix the problems with OLED panels, they are not lasting long. The TV repair channels that I follow on TH-cam are receiving a lot of OLED TVs that are going bad and the worst thing is if they are out of warranty and not repairable. The design in the manufacture of the panel makes them unrepairable, unless they replace the whole screen. Not good for the future of OLEDs.

  • @tanpengjoo7205
    @tanpengjoo7205 4 ชั่วโมงที่ผ่านมา

    China should happy l g built them a big high tech building

  • @Michael-o3h
    @Michael-o3h 15 ชั่วโมงที่ผ่านมา +9

    Rubbish. Foreign investors are frightened being threatened by US tarrifs 😊😊😢

    • @YSL-001-x6p
      @YSL-001-x6p 15 ชั่วโมงที่ผ่านมา +7

      Or the new anti-espionage laws where everything is considered state secret.

    • @emmapeel8163
      @emmapeel8163 14 ชั่วโมงที่ผ่านมา +4

      tariffs are a part. but from friends who used to work in Shanghai: Chy-nah has become difficult for outside businesses.

  • @k29king1
    @k29king1 14 ชั่วโมงที่ผ่านมา +1

    Well he'll at least LG is offering options, most Chinese companies would have screwed over every employee, wouldn't compensate, and would probably not give them their pay for hours worked. TCL is growing because their TV's have steadily been getting really good, I have one, ironically it replaced an LG TV. If TCL continues it's growth it won't be long until a lot of those laid off positions are re-hired.

  • @JohnWilliams-vy2gw
    @JohnWilliams-vy2gw 15 ชั่วโมงที่ผ่านมา +2

    Lol

  • @TheStrategicIndian
    @TheStrategicIndian 3 ชั่วโมงที่ผ่านมา

    LGBTFO

  • @aj-us5qp
    @aj-us5qp 12 ชั่วโมงที่ผ่านมา +1

    If only there exist a US Observer channel like China Observer to inform us about the US economy? 🤔 💭?

    • @petergibson2318
      @petergibson2318 9 ชั่วโมงที่ผ่านมา

      Just about everybody in Europe.

    • @aj-us5qp
      @aj-us5qp 9 ชั่วโมงที่ผ่านมา +1

      @petergibson2318 ?

    • @petergibson2318
      @petergibson2318 9 ชั่วโมงที่ผ่านมา

      @ Comparison of the ultra-high quality of European journalism to the dismal quality of American journalism.
      You don’t learn much about the world from American “news” channels. There is no American BBC or DW.

  • @kev3226
    @kev3226 15 ชั่วโมงที่ผ่านมา +1

    Lg IPS has low contrast and not good anyways. They are more focus on WOLED. They didn’t want to or not able to improve IPS.

    • @mikezclips6735
      @mikezclips6735 14 ชั่วโมงที่ผ่านมา

      IPS panel market is saturated already and mostly dominated by Chinese products, OLED is rising.
      IMO, I usually stay away from OLED monitor panels since it is known not to last long compared to IPS panel like more or less 10 years vs 20 years.
      Maybe because of organic part perhaps? dunno. Well profit wise company would prefer focus on OLED if you based on the Planned obsolescence which fits right for average 10 years for OLED.

    • @Antiquated-Ether
      @Antiquated-Ether 13 ชั่วโมงที่ผ่านมา

      20 years? Bro that's way too long to have a monitor. in an economy based on consumption in cycles​@mikezclips6735

  • @Felipe-n3j
    @Felipe-n3j 9 ชั่วโมงที่ผ่านมา +1

    Hehehe here’s another poorly paid black propaganda…so pity so pity.😮😮😮