The EU tariff barriers LCD module suppliers to set up factories in Europe

The EU has developed high tariffs to protect local TV manufacturers, it is one of the world's largest LCD panel factory of LG.Philips LCD has been to the United States Federal Securities Regulatory Commission (SEC) proposed the establishment of a LCD module in Europe (LCM) factory plan, if the plan is approved, LG.Philips LCD will avoid the local protection policy of eu. As the world's largest TVs (including LCD, PDP, CRT) market, the European market accounted for the global flat-panel television into about 4, there is news that LG.Philips LCD to enter the European factories will cost 1 billion euros. At present, LG.Philips LCD in South Korea and Nanjing, the end of the LCD module factory. There are, LCD industry analysts believe that some European countries will enhance the LCD module tariff from the current 5% to 14%, LG.Philips to LCD in Europe to set up a factory direct supply of products. As the cost control is an important indicator of the LCD panel industry, we can foresee the future of most LCD panel manufacturers will set up their own factories in europe. People do not think the LCD manufacturers to set up factories will have an impact on the global LCD production distribution in Europe, with the expansion of the LCD TV market, LCD module manufacturers will continue to invest in expanding production capacity. However, the source said that the high tariffs and LCD panel manufacturers to set up factories in Europe, China's LCD TV manufacturing industry has a certain impact on exports.