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South Korean LG Display to invest additional $1B in Vietnam

By Reuters   November 14, 2024 | 07:56 pm PT
South Korean LG Display to invest additional $1B in Vietnam
A man walks out of the headquarters of LG Display in Seoul, South Korea. Photo by Reuters
South Korean electronics giant LG Display has been awarded a license that will raise the firm’s investment in Hai Phong by US$1 billion, the city's authorities said.

The investment will boost the company's OLED display output at its factory in the northern port city and raise its total investment in Vietnam to $5.65 billion, according to a document from the Hai Phong Economic Zone Authority.

 
 
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