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LG.PHILIPS LCD TO SPEND US$5 BLN ON FLAT SCREEN PLANT.

AsiaPulse News

| December 01, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Dec 1 Asia Pulse - LG.Philips LCD Co. (KSE:034220), the world's second-largest maker of liquid crystal displays, said Wednesday it plans to build a 5.3-trillion-won (US$5.06 billion) facility for producing a larger type of flat screen.

The company started to construct the so-called seventh-generation flat screen plant in Paju, northwest of Seoul, in March this year, and the facility will start to produce TFT-LCDs, or thin film transistor-liquid crystal displays, typically used for computers and televisions, from the first quarter of 2006, the company said in a statement.

LG.Philips LCD said the Paju plant will be able to process 45,000 sheets ...

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Source: HighBeam Research, LG.PHILIPS LCD TO SPEND US$5 BLN ON FLAT SCREEN PLANT.

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