LG Display will build a new liquid crystal faceplate factory Q4 will be completed next year

The other telegram is led, the S.Korean liquid crystal faceplate leading figure LG Display Co. (LGD) Announce 22, company this plan, furnish funds of 727 billion Korea S. Huan (656,300,000 dollars) In the S.Korean slope state (Paju) Build a new liquid crystal faceplate factory, it is estimated bright (2011) It is completed in the 4th quarter that annual. LGD shows whether this company will further invest in and make a decision to the time dot and of batch productino after assessing the market condition. /p>

LGD has been announced Huan (1,320 million dollars) on March 12, this company will furnish funds of 1.49 trillion Korea S. Expand the productivity of factory building of 8 generations of liquid crystal faceplates, in order to meet the LCD TV and climb the high demand, and promote the competitiveness on the market of LCD TV faceplate of jumbo size of this company. LGD shows, the board of directors of this company has already passed this investment case. LGD points out, this investment plan will expand the productivity for producing thread of 8 generations of liquid crystal faceplates of slope state, it is estimated that began to go into operation in 2011, mainly make the liquid crystal faceplate of 32, 47 and 55. LGD executive chairman Kwon Young-soo points out, LED, 3D faceplate drive the growth of the medium and long-term demand to accelerate in declaring the draft.

Kwon has been pointed out at earlier annual general meeting of share-holders of March 12, today (2010) Annual to should be unable to appear, supply surplus phenomenon the second half, main reason though productivity increase, but the faceplate supplier is still difficult to meet the demand of high-order products such as LED liquid crystal faceplate and jumbo size faceplate in a poor light,etc. at present. And Kwon points out, heat of market demand is held in place with a net, this company can only meet the demand of customer of 80% at present. And he shows, though the demand is influenced by effect in slack period of the tradition, Q2 faceplate price is unlikely to glide, some product costs including LCD TV faceplate, IT faceplate even raising up perhaps because of being in short supply. He thinks, can be expected to confirm the application of founding the factory in the locality through the foreign manufacturer in March at the continent, and the application of LGD may clear customs. More information can be found article-top at

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