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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World LG to spend 1.3 billion dollars to expand plant AFP - Saturday, March 13 Send IM Story Print LG to spend 1.3 billion dollars to expand plant SEOUL (AFP) - – South Korea's LG Display said Friday it would spend 1.49 trillion won (1.32 billion dollars) to expand its eighth-generation LCD plant to meet rising demand. The company, the world's second-largest maker of liquid-crystal display (LCD) panels, said in a statement the investment would also strengthen its competitiveness in large LCD TV panels. The investment approved by the board will expand the existing eighth-generation LCD line at Paju north of Seoul to produce mostly 32-, 47- and 55-inch panels starting next year. "The investment will resolve the LCD supply shortage," CEO Kwon Young-Soo was quoted as saying. "In the mid-to-long term, it will help us meet the fast-growing demand in the LCD industry, where the demand for light-emitting diode and three-dimensional panels are driving the growth." Recommend Send IM Story Print Related Articles Consumer sentiment dipped in early March Reuters - 55 minutes ago AnnTaylor profit surprises, but outlook worries Reuters - 56 minutes ago Obama delays Pacific trip for healthcare Reuters - 1 hour 5 minutes ago UBS urges parliament to back U.S. tax deal: report Reuters - 1 hour 14 minutes ago Japan lends Tunisia $50 mln for railway project Reuters - 1 hour 16 minutes ago News Search Top Stories US retail sales post surprise 0.3% rise Prince Philip in strip club gaffe $657mln deal for sick Ground Zero workers Lehman failure 'fault of managers, banks, auditors' Climate change pushing bird species 'towards extinction:' US More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended 'Britain's Fritzl' raped daughters for over 25yrs Stolen Swiss bank data at HSBC hits 24,000 clients Climate change pushing bird species 'towards extinction:' US Mexican Carlos Slim world's richest in new ranking California outlet accused of serving whale sushi More Most Viewed » Chile quake moved Earth's axis, shortened days: scientist Experts confirm asteroid wiped out the dinosaurs Florida killer whale to stay in park after deadly attack 'Britain's Fritzl' raped daughters for over 25yrs Researchers back cancer-fighting properties of papaya More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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