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LG Electronics establishes new PDP line

Posted: 25 Oct 2004 ?? ?Print Version ?Bookmark and Share

Keywords:lg electronics? pdp?

PDP maker LG Electronics Inc. (LGE) is currently constructing A3, its fourth PDP line, at its Display Workplace in Gumi, South Korea, to strengthen its hold on the PDP market.

LGE believes that the PDP global market will rise through next year. With an investment amounting to $568 million, A3 is targeting a monthly capacity of 120,000 units. According to K.H. Kim, President of LG Electronics Middle East and Africa, LGE is securing the top position in the global PDP market, gearing to achieve a 30 percent market share in 2005. "A3 has the capacity to open two more additional lines in the future. When LGE will invest in these lines will depend on future PDP market conditions," said Kim.

LGE will equip A3 with a system capable of mass-producing six panels from one sheet of glass. The company expects to make A3 the most highly competitive and sophisticated line of its type.

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