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LG Electronics to Build Plasma TV Factory in Indonesia Dec 16, 2004 |
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LG Electronics Inc., based in Seoul, South Korea, said it will build plasma TV factory in Indonesia in a bid to expand its market in that southeast Asian country.
The TV market is growing fast in Indonesia, Tae Yeon Kos, a senior manager LG Electronic said.
Indonesia will be the production base for LCD and plasma television sets, Tae said. However, he noted that concern over security still pose a hurdle in investment in the region. (ANTARA, Asia Pulse)