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LG Display plans to build a modular plant for liquid flat-screen television sets in Brazil with production set to begin next year. The plan is in line with LG Electronics' expansion to meet rising demand for flat-screen TVs in South America, LG executives and analysts said.
LG Electronics has been operating a TV plant in Amazonia, Manaus, while its mobile phone and monitor plant are located in Taubate--a city near Brazil's biggest commercial center of Sao Paulo, according to company officials.
The annual capacity of LG Electronics' LCD TV is 3 million. The initial output of LG Display's Brazilian LCD module plant is expected to be in that range.
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