LG Display signed a non-binding agreement to build an LCD panel plant with the Chinese city of Guangzhou, and would like to see a Chinese television maker come on board for the project, said a Reuters report.
Although LG Display did not disclose details, the report said that the company woul invest 5 trillion won (approx. US$4.03 billion) in the facility.
The plant would be an eighth-generation facility, LG Display said, capable of making large-size panels for television sets.
to Daily News