(From AFX Europe (Focus))
TOKYO (AFX) - Toshiba Corp plans to build an LCD television plant in Poland with a projected capacity of 1.5-2.0 mln 32-inch or larger units for sale in Europe in 2009, The Nihon Keizai Shimbun reported, without citing its sources.
Scheduled to go on stream by next summer, the factory will triple Toshiba's annual production capacity of flat-panel TVs in Europe and is designed to boost its flat-panel business as it lags rivals in the domestic market, the newspaper said.
Toshiba will invest about 5 bln yen to build the facility in a suburb of Wroclaw, in southwestern Poland. By the end of September it will set …