LG builds US$550 million camera module plant in Haiphong
VOV.VN - LG Innotek Co Ltd, a subsidiary company of the Republic of Korea's LG Group, has been licenced to build a camera module plant in Haiphong City.
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After the plant is put into operation in the fourth quarter of next year, it will produce camera modules with an output of 30 million items per months for export.
This is the third project that LG has invested in Haiphong. The first project is a US$1.5 billion complex to produce electronic equipment. The second one is a US$1.5 billion screen factory to make organic light emitting diode (OLED) display products.
Thus, LG group has so far invested US$3.55 billion in Hai Phong city.
