It is said that Innolux's Nanjing factory will close down soon, with compensation of N+1

It is reported that the Nanjing plant of Innolux, a major display panel manufacturer in Taiwan, will be closed and layoffs will be made. Nearly 2,400 people will be affected, and the compensation standard is N+1. Innolux has panel back-end module factories in Ningbo, Zhejiang, Foshan, Guangdong, Shanghai, and Nanjing in mainland China.