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Optoelectronics/Displays  

LG Electronics and Philips invest in CRT unit

Posted: 08 Jul 2004  Print Version  Bookmark and Share Subscribe 

Keywords:lg electronics  crt display 

[Summary of tips] LG Electronics Inc. and Philips Electronics NV will invest around $500 million in a joint venture devoted to the production of CRT displays. The two companies will each invest $250 million as an equity contribution.The joint venture is in line with LG Electronics and Philips planned debt restructuring, which is expected to be c......
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