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LG Display and Amtran partner up on LCD plant

09/01, 4:30pm

LG and Amtran partnership

A Monday report has LG Display and Amtran maker of Vizio LCDs agreeing to set up a joint production plant to manufacture LCD panels and TV sets for their brands in China. Under the agreement, Amtran's existing facility in Suzhou, China, will see a $20 million initial investment. The new plant, due to commence operation early next year, will produce 3 million LCD modules along with 5 million LCD TV sets.

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