Reuters logo
LG Electronics to invest 1.3 trln won in R&D facility
July 24, 2014 / 6:20 AM / 3 years ago

LG Electronics to invest 1.3 trln won in R&D facility

SEOUL, July 24 (Reuters) - South Korea’s LG Electronics Inc said on Thursday that it will invest 1.3 trillion won ($1.26 billion) to build a new research and development facility in the country’s capital city of Seoul.

LG Electronics, in a regulatory filing, said the investment seeks to develop new growth technologies without elaborating further. ($1 = 1028.2000 Korean Won) (Reporting by Se Young Lee; Editing by Himani Sarkar)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below