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LG.Philips LCD Holds Ceremony to Mark Beginning of Equipment Installation at Gen 7 Facility
2005-07-07
Commenting on the progress of construction of the Paju Display Cluster, which broke ground in March 2004, LG.Philips LCD Vice Chairman & CEO Bon Joon Koo said “The Paju Display Cluster is distinguished by the rapid pace of construction, which was made possible by the active support of the central government, Gyeonggi Province, Paju City and other authorities. LG.Philips LCD will continue to focus on enhancing its competitiveness with the successful introduction of this new facility.”
During the ceremony, Gyeonggi Province Governor Hak-kyu Sohn said, “I am confident that LG.Philips LCD and the Paju Display Cluster will soon emerge as one of the world’s largest TFT-LCD production bases. To facilitate this development, Gyeonggi Province and Paju City will continue to support the construction of an industrial complex for parts suppliers and related infrastructure.”
The ceremony, which took place at the P7 construction site in the Paju Display Cluster, was attended by Hak-kyu Sohn, the governor of Gyeonggi Province, Jae-hoon Lee, head of the Ministry of Commerce, Industry and Energy’s Trade and Investment Policy Office, Jae-chang Lee and Young-sun Kim, both of whom are National Assembly lawmakers, and other representatives of the central government and Paju City. LG.Philips LCD executives in attendance included Vice Chairman & CEO Bon Joon Koo and President & CFO Ron Wirahadiraksa. In addition, many executives and employees of LG.Philips LCD’s equipment and parts suppliers were present.
[About LG.Philips LCD]
LG.Philips LCD (NYSE: LPL, KRX: 034220) is a leading manufacturer and supplier of thin-film transistor liquid crystal display (TFT-LCD) panels. The Company manufactures TFT-LCD panels in a wide range of sizes and specifications primarily for use in notebook computers, desktop monitors and televisions. Headquartered in Seoul, South Korea, LG.Philips LCD currently operates six fabrication facilities in Korea and has over 15,000 employees in locations around the world. For more information about the Company, please visit http://www.lgphilips-lcd.com.
LG.Philips LCD makes “Technology you can see!”
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Contact:
Bruce Berkoff, EVP, Marketing
LG.Philips LCD
Phone: +822-3777-0707 or +1-215-206-6506
E-mail: bruce@lgphilips-lcd.com
Sue Kim, Senior Manager, Corporate PR
LG.Philips LCD
Phone: +822-3777-0970
E-mail: sue.kim@lgphilips-lcd.com
Bang-Soo Lee, VP, Public Affairs & PR
LG.Philips LCD
Tel: +822-3777-1020
E-mail: bsleeb@lgphilips-lcd.com
Elliot Sloane
Sloane & Company
Tel: +1-212-446-1874
E-mail: esloane@sloanepr.