SEOUL: LG.Philips LCD, the world's largest LCD (liquid crystal display) screen maker, said yesterday it would invest 25 trillion won (US$21bil) over the next 10 years to capitalise on booming demand for flat displays for big-screen televisions.
Global display makers are pouring cash into new plants that promise to slash production costs by using larger plates of glass, from which displays are cut, at a time when a surge in output by rivals has driven down flat-panel screen prices.
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