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Samsung to build $2.6 bln China LCD plant: report

Samsung Electronics, the world's largest maker of LCD screens, will build a 3 trillion won ($2.59 billion) panel-making plant in Suzhou, China, the online version of the Korea Economic Daily reported on Friday.

Updated on: Oct 16, 2009, 12:44:51 IST
Reuters | By , Seoul
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Samsung Electronics, the world's largest maker of LCD screens, will build a 3 trillion won ($2.59 billion) panel-making plant in Suzhou, China, the online version of the Korea Economic Daily reported on Friday.

HT Image
HT Image

Samsung could be joining other liquid crystal display (LCD) rivals in a rush to set up production bases for China's fast-growing flat-screen TV market.

A Samsung spokesman could not immediately comment on the report.