LG unveils 1.5 billion USD display factory in Hai Phong
(VOVWORLD) - South Korea’s LG Displays group on Monday inaugurated a 1.5 billion USD display manufacturing facility in Hai Phong City.
 PM Nguyen Xuan Phuc attends the inaugural ceremony of the LG Display Vietnam Hai Phong factory on December 4th, 2017. |
The LG Display Vietnam Hai Phong factory specializes in high-tech displays for smartphones, watches, and tablets. It’s expected to add 3 billion USD to Hai Phong’s export revenues annually.
Addressing the inaugural ceremony, PM Nguyen Xuan Phuc said the project will further promote the Vietnam-Korea strategic partnership. He also asked the Korean group to increase the percentage of local content and ensure sustainable investment in Vietnam.