News Snapshot:
By Woo Jae-yeon SEOUL, May 27 (Yonhap) -- China's sweeping COVID-19 lockdowns are sending a shockwave in the display panel industry by exacerbating supply chain woes and parts procurement problems. In April, global shipments of liquid crystal display (LCD) panels fell 15 percent from a year earlier amid the prolonged lockdowns in China, according to industry tracker Omdia. Shipments of small and mid-sized LCD panels, used in consumer electronics like smartphones, also fell 20 percent from a year ago. The drop in shipments is largely blamed on production suspension at major parts suppliers, device makers and assemblers in China, following...
