South Korean LG Display to invest additional $1 bln in Vietnam, local govt says
15/11/2024 01:49
HANOI, Nov 15 (Reuters) - Vietnam has awarded a licence
to South Korea's LG Display 034220.KS that will see it raise
its investment in the northern port city of Haiphong by $1
billion, the city's authorities said late on Thursday.
The investment will boost the company's OLED display output
at its Haiphong factory and raise its total investment in
Vietnam to $5.65 billion, according to a document from the
Haiphong Economic Zone Authority.
(Reporting by Phuong Nguyen; Editing by John Mair)
((Phuong.Nguyen@thomsonreuters.com; +84-24-3852-9623;))
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