Financial Times FT.com

Samsung in $2.2bn China LCD TV venture

By Song Jung-a in Seoul and Kathrin Hille in Beijing

Published: October 16 2009 17:33 | Last updated: October 16 2009 17:33

China’s fast-growing market for flat panel television sets is attracting fresh investment from foreign components makers.

Samsung Electronics, the largest flat panel maker, said it would set up a $2.2bn joint venture in China to meet growing demand for liquid crystal display panels in the fastest-growing major economy.

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