LG has invested 12.3 trillion won this year to build eight-generation lines

Source: Internet
Author: User
Bit net (chinabyte) July 20, according to media reports, LG Group will invest 12.3 trillion won this year, which increased by 1 trillion won, and will spend more money to add a eighth generation line. LG Group invested 3.5 trillion won in research and development (R&D), the largest in history. "Investment in research and development has increased by 25% from last year," said the group's head. Plans to focus on the next generation of technology development and product efficiency in future growth projects in electronics and chemistry such as solar cells.  "LG DISPLAY15 the board and issued a statement that the plan to end next year, a total of 3.27 trillion won in the state display production base to build a" eighth generation "production line (p8e). LG Display has previously invested 3.1 trillion won construction of the eighth Generation production line (P8) was completed in March this year. At present, the production line has a monthly output of more than 2 meters across the glass substrate 83,000 sheets. This is equivalent to producing 500,000 LCD monitors for 55-inch TVs a month. However, LG Display believes that the demand for LCD TVs will continue to increase, so the plan to increase investment.  Additional production lines mainly produce 55, 47, 32 inches and other large TV LCD panels. LLG Display said that through the eighth generation of production lines of additional investment, can create more than 2000 people's direct employment effect.

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