The joint venture company LG.Philips has opened a new korean LCD-panel manufacturing plant in Paju, Kyonggi Province, just 10 kilometers away from the demilitarized zone between North and South. The so-called P7 facility can currently manufacture up to 45,000 panels a month. By the end of the year, this will have risen to 90,000, and swallowed an investment of 5.3 trillion won. A key focus of the new facility is to mass-produce 42 and 47 inch LCD TV panels, which are cut from 4-square meter glass substrates.
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