LG Display to Build LCD Plant
Aug 27, 2009
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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.

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