Saturday, April 26, 2008

[The Chosun Ilbo, April 8 2008] LG Display Partners with China's No. 3 TV Maker

LG Display is set to perform better in the Chinese market with the establishment of a strategic relationship with Skyworth Group, one of China's leading LCD TV makers. In the fourth quarter of last year, Skyworth ranked third in China with sales of 320,000 LCD TVs, an 11.5 percent market share.

At Skyworth's plant in Shenzhen on Monday, Yeo Sang-deog, executive vice president of LG Display's TV unit, and Zhang Xuebin, board chairman and president of Skyworth Group, agreed to establish a joint R&D center called Guangzhou New Vision Display Technology Research & Development.

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