LG PHILPS LCD company intends to settle in Southern China off investment hot liquid crystal

A new round of investment boom in the country intensified lcd. Following SKYWORTH, TCL, Konka and Changhong four color TV giant in Shenzhen announced the start poly project (joint venture LCD production line) after two months. On Thursday (March 2nd), chief executive of PHILPS LG LCD company with the Jun in Guangzhou revealed that LG PHILPS LCD company is planning to invest in the Southern China area to set up factories, mainly the production of high-end ultra-thin LCD panel TV, IT industry required (TFT-LCD). The general manager of the company's consumer electronics CCID Consulting Division Xu Xiaoxin pointed out that this may be the PHILPS LG, and "Shenzhen Julong project" a game, but more should be in order to approach the target customers in Southern China.

It is understood that LG PHILPS LCD is a joint venture established by South Korea's LG company and PHILPS, Holland, a joint venture of South Korea, is currently the world's largest manufacturer of large screen ultra-thin LCD panel. Back in 2003, LG PHILPS in Nanjing to establish a production base for LCD panels.

According to Cai Ying, director of the state information center, introduced in 2006, China's flat-panel TV sales will be about 4 million 200 thousand units, of which LCD TV and plasma TV were 3 million units and 1 million 200 thousand units.