Feeds

LG Philips plugs £70m into TFT

Thin is in, says South Korean joint venture

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

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. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
prev story

Whitepapers

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.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
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.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.