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Article: BUSINESS IN ASIA TODAY - MARCH 4, 2008.
- Article from:
- AsiaPulse News
- Article date:
- March 4, 2008
CopyrightCOPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business in Asia on March 4, 2008. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:
SONY, SAMSUNG TO INVEST US$1.9 BLN TO INCREASE LCD PANEL OUTPUT
SEOUL - Sony Corp. (TSE:6758) and Samsung Electronics Co. (KSE:005930) have reached a basic agreement to invest an additional 200 billion yen (US$1.915 billion) to increase production at their South Korean LCD panel joint venture, S-LCD Corp., The Nikkei learned Monday. The investment, which is expected to be shouldered equally, will be used to build a new factory capable of churning out 50,000 to ...