Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping

Home >> Business
UPDATED: 10:16, January 07, 2006
LG Philips invests in Poland
font size    

The construction of a new LG Philips LCD factory began in Biskupice Podgorne in Lower Silesia ( south-western part of Poland), as part of South Korean company LG Philips effort to invest 429 million euros there by 2011.

"The road linking future plant with nearby motorway will be broadened till the end of April, ground leveled and builders begin their work in March," Ryszard Pacholik from local administration told journalists on Friday.

The new plant will produce modern LCD (liquid crystal displays), at the beginning three million, later 11 million a year. South Korean investor would also like to produce big and panoramic LCD TV models of different sizes, from 26 to 42 inches.

LG Philips, based in Seoul in the Republic of Korea, has already opened similar factories in Asia: in Gumii (South Korea) and Nanjing (China). It is also building a new one in Paju Display Cluster in Gyeonggi-do in South Korea. Plant to be constructed in Poland will be the first of this kind in Europe.

The company employs approximately 15,000 workers worldwide.

Source: Xinhua


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this


   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News

Manufacturers, Exporters, Wholesalers - Global trade starts here.
Copyright by People's Daily Online, all rights reserved