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Sharing Pain in Taiwan's Earthquake
2001-01-14
LG.Philips LCD`s Taiwanese company offered donation to Taipei City government, which had great damage by last month’s earthquake in Taiwan. It was a part of sharing pain as a Korean company participating in Taiwan’s IT industry. It is worth of 21 million Taiwanese dollar (78 million won) including cash and daily necessaries like ramyon and natural water. Meanwhile, it doesn’t expect that the earthquake in Taiwan last month will serve to boost the position of domestic semiconductor and LCD (liquid crystal display) businesses in the world market. It is likely to shake up the Korean computer industry rather than to bring unexpected hike of income. Due to the decrease of notebook supply from Taiwan, which dominates the world’s notebook market, demand of TFT-LCD for notebooks is likely to decrease. Therefore, donation is based on the mind that we are in a world of harmony to bring income and develop together as the leader of TFT-LCD indus