Asia Express - East Asian ICT
LG Chemical to Invest 1.5 Tln Won in NB Batteries, Polarizers
November 18, 2005
In a recent filing to the Korea Stock Exchange, LG Chemical stated that it plans to invest about 1.5 Trillion Won in notebook PC batteries and display polarizers in the coming five years. The company hopes that these investments will contribute to increasing its overall sales to about 9.5 trillion by 2010. Details about how and when production capacity would be increased for these two product segments were not immediately released by the company.