Sunday, April 06, 2008

[ News, Economy / Industry, March 22 2008] Samsung to invest 215 bil. won in LCD plant

Samsung Electronics Co., a South Korean electronics giant, plans to invest 214.7 billion won ($214 million) to build a liquid crystal display (LCD) plant, the company said in a regulatory filing on Friday (Mar. 21).

The investment is most likely to be made in its plant operated jointly with Sony Corp., located south of Seoul in Tangjeong, according to industry watchers. The company did not give further details.

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