Innolux plans to close Nanjing module park and transfer equipment to Ningbo plant

Taiwan panel giant Innolux recently announced plans to close its module park in Nanjing and transfer related equipment to its Ningbo plant. This move is expected to result in the layoff of 2,395 employees. Innolux has been committed to the research and development of TFT-LCD technology and product manufacturing. Its Nanjing plant was once the world's largest small and medium-sized TFT panel manufacturing base.