Korean LCD (Liquid Crystal Display) panel
manufacturers Samsung Electronics and LG Display are expected to increase
investments in their domestic 8G production lines and boost output, according to
a March 8 Korea Times report. LG Display is expected to inject one trillion Won
(US$886.0 million; US$1=1,128.7 Won) into the establishment of another
production line at its Paju LCD complex. Projected as LG Display's third 8G
line, this new facility is expected to move into operations in January 2011 at
the earliest.
Samsung Electronics, meanwhile, is expected to
invest 1.7 trillion won (US$1.5 billion) in the second phase of its 8G line in
Tangjeong, South Chungcheong Province. The investment is expected to be made in
the second half of 2010. Both LG's and Samsung's domestic LCD investment plans
are seen as a response to the uncertainties clouding the two companies' LCD
production projects in China, according to Korea Times.