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Samsung to invest $2.2 billion on LCD expansion

Thu Nov 22, 2007 8:40am EST
 
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SEOUL (Reuters) - South Korea's Samsung Electronics (005930.KS) said on Thursday it plans to invest 2.06 trillion won ($2.21 billion) to expand its eighth-generation liquid crystal display (LCD) line.

Samsung, which had been cooperating with Japan's Sony (6758.T) for its No. 8 line, is making the investment on its own for this phase, a Samsung official said.

(Reporting by Lee Jin-joo)

 
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