SEOUL, July 3 A subsidiary of South Korea's
Samsung Electronics Co Ltd said on Thursday it had
received regulatory approval to invest $1 billion in a display
module assembly plant in Vietnam.
A Samsung Display Co Ltd spokesman said the company plans to
start production at the plant, to be built in Bac Ninh province,
some time in 2015. What types of displays would be produced at
the facility or the exact production capacity have yet to be
decided, he said.
Samsung Electronics owns 84.8 percent of unlisted Samsung
Display, according to a June regulatory filing.
(Reporting by Se Young Lee; Editing by Paul Tait)