LG Ends Discussions with Conergy for Solar Cell Manufacturing
Nov 7, 2008
 Print this page

LG Electronics, Inc. (LG) has decided to discontinue current discussions with Conergy AG (Conergy) regarding the proposed joint venture for solar cell manufacturing due to current worldwide economic uncertainty and changes in strategic direction. LG said that it "will continue to explore opportunities to become a global leader in photovoltaic cell and module manufacturing. In this context, LG will also continue to review other options for cooperation with Conergy, a leading global downstream player."

Back to Breaking News