DigiTimes: LG Display (LGD) is reportedly in talks with the Guangzhou government to set up a 7.5G or 8G LCD production plant at a high-tech industrial park in the city in southern China, according to a Chinese-language report on Caijing.com.cn.
The total investment of the LCD plant will be around 20-30 billion yuan (US$2.93-4.39 billion), noted the report, adding that LGD and the Guangzhou government may sign an agreement later in 2009 with terms of their cooperation to be finalized as early as in August or September.
top