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Oki Electric to form joint venture with Lusem

Posted: 23 Jul 2004 ?? ?Print Version ?Bookmark and Share

Keywords:lg? tft-lcd module? lusem?

Oki Electric Ind. Co. Ltd will be investing about $6 million in a joint-venture company with LG Corp. subsidiary Lusem Co. The new company will be located in Gumi's foreigners-only industrial park, 261km southeast of Seoul. It will be devoted to the production of key parts of TFT-LCD modules.

Oki Electric's investment will concentrate on tape carrier packaging, a core technology in the manufacture of TFT-LCD panel drives.

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