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LG.Philips LCD to Expand Manufacturing Capacity

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AMSTERDAM, The Netherlands, and KUMI, South Korea, June 26 -- LG.Philips LCD announced an investment of more than $1 billion to expand capacity and create panel supplies for the fast-growing LCD TV market and large-screen desktop monitors. The investment will be self-financing, with no additional funding required from either partner. Production will begin in the first half of 2003. The company opened a fifth-generation thin-film transistor liquid crystal display manufacturing factory last month. The new investment will enable LG.Philips LCD to expand its manufacturing capacity. Production is...Read full article

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    Published: June 2002
    industrialNews & Features

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