Feeds

LG Philips plugs £70m into TFT

Thin is in, says South Korean joint venture

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

The joint venture between LG Electronics and Phillips, LG Phillips, is to invest 1.4bn won (£70 million) into a new production line for its next-generation TFT LCD screens. At the official launch of the new venture, president and CEO Koo Bon-joon said he expected production to increase from 3.8 million units to 4.5 million, with sales expected to grow to £200 million in 2001. TFT screens are tipped as the future as advances in LCD technology mean users can enjoy the same high quality as conventional screens but with a greatly reduced footprint. Bon-joon also forsees a large increase in demand as other devices such as mobile phones and digital TVs grow in popularity. For this reason, he said, the company will move its focus away from notebooks and on to desktop PCs and TVs. The company is building a third plant, expected to open late next year, to manufacture fourth-generation LCDs. LG Electronics will manufacture the screens and Phillips will provide the global selling outlets. ®

Internet Security Threat Report 2014

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.