S.Korea's LG.Philips to boost LCD capacity
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LG.Philips LCD Co. Ltd. , the world's second-biggest maker of large liquid crystal display (LCD) panels, said on Sunday it would increase the capacity of its biggest TV panel production line by 22 percent to meet growing demand for large LCD televisions.
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LG Philips LCD is to invest five billion dollars in new facilities to produce next-generation flat panel displays in order to strengthen its global market leadership.
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Samsung Electronics Co. Ltd. , the world's biggest maker of memory chips, said on Monday it would invest 938.8 billion won ($1.01 billion) to upgrade its memory chip production lines.
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South Korea's Samsung Electronics claimed breakthroughs in key technologies that promise greater data storage and faster processing for computers and mobile devices such as MP3 audio players.
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(InfoWorld) - LG.Philips Co. will next week unveil what it says is the world's slimmest cell phone display. The TFT (thin-film transistor) LCD (liquid crystal display) is just 1.3 millimeters thick and has been developed for use in the super-slim handsets that are currently popular with cell phone makers and users. The panel is about 32 percent thinner than displays currently used in cell phones, which measure between 1.9 millimeters and 2.9 millimeters thick, according to the company. At present theÂ thinnest phone on the marketÂ is Samsung Electronics' SGH-X820, which is just 6.9 millimeters thick. By utilizing the new display, phones even thinner than this could be realized, said LG.Philips. It will also allow for slider-type phones to break the 10 millimeter barrier, the company said. The screen is due to be unveiled at the SID Mobile Displays 2006 event in San Diego, California, that begins on Oct. 3. Â
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High-level executives from Japan's Sharp   Corp. 6753.T traveled to South Korea last week to visit   LG.Philips LCD Co. Ltd. 034220.KS, as Philips PHG.AS seeks   a buyer for its 32.9 percent stake in the Korean LCD firm,   Taiwan media reported on Friday.
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Shares of South Korean LCD screen panel maker LG.Philips LCD Co. Ltd.   fell nearly 8 percent to a record low on Tuesday on news that three countries are investigating claims it fixed prices.
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LCD TV leader plans to do its competitors one better.
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Flat screen maker LG.Philips LCD Co Ltd  (034220.KS) reported its highest ever quarterly profit on  Monday, rebounding from a year-ago loss, and predicted 2008  profitability would improve from 2007.
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(InfoWorld) - LG Electronics Inc. officially opened a large-scale electronics and electrical equipment manufacturing complex near Moscow on Tuesday. The South Korean company invested US$150 million in the complex, which will turn out 500,000 digital TVs, 700,000 washing machines, 200,000 refrigerators and 260,000 home theater systems annually, according to LG's plans. Further plans call for production of each product to rise to 1 million units annually by 2008. The complex is located in Ruza, which is west of Moscow and near to the E30 highway that runs from Moscow through eastern Europe to Germany. LG, which claims a leading market share in Russia for several products including TVs, audio equipment, vacuum cleaners, microwave ovens, video components, DVDs and optical storage, is hoping the new complex will help it expand business in Russia and eastern Europe. The company also operates factories in Poland that produce digital TVs and refrigerators. In June, LG.Philips LCD Co. Ltd. began construction of a factory in Wroclaw, Poland. The plant will take LCD (liquid crystal display) panels produced at a factory in South Korea and add additional components, including backlights and driver chips, to produce a finished LCD module. The finished modules will then be ready to be combined with other components such as tuners, power supplies and cases to form finished televisions. The LCD module plant is scheduled to begin mass production in March next year. The modules will be used in flat-panel TVs for the European market. REFERENCES: LG.Philips breaks ground on LCD module plant in Poland, Jun. 15, 2006
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LG Philips LCD said it has developed the industry's first liquid crystal display (LCD) panel for next-generation mobile phones, allowing a clearer playback of video clips.
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LG.Philips LCD has developed a 42-inch LCD that is less then 20 millimeters thick.
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Samsung Electronics said its board of directors has approved a plan to invest US$274 million in a second seventh-generation LCD production line at its Asian plant.
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The joint venture between Korea&#39;s LG Electronics and the Netherlands&#39; Philips (NYSE: PHG) reported an increase in year-on-year sales for its fiscal third quarter (up 12%).
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Shares in Asian liquid crystal display makers sank Tuesday after LG.Philips LCD, the industry&#39;s number two, reported a surprisingly large fall in profits and warned of a further slide in flat-screen prices.
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TechWeb - The maker, LG.Philips, will also show an 84-inch LCD screen at the Consumer Electronics Show next week.
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LG Philips is developing what the company claims is the world&#39;s largest organic light-emitting diode display. The company, which manufactures thin-film-transistor (TFT) LCD screens in South Korea, unveiled