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Biz News Korea(Eng)
LG Elec mulls designing LCD fab for India
- Collected
- 2017.04.08
- Distributed
- 2017.04.10
- Source
- Go Direct
The electronics company’s Materials & Production engineering Research Institute (PRI) is deliberating on a project to design and build a 8th generation LCD fabrication facility in Nagpur, Midwestern India, together with Twintower Display of India’s Vedanta Group.
Under the engineering, procurement, and construction (EPC) terms, PRI will design the panel fab and supply necessary equipments to India with the help of LG Electronics and LG Display Co. LG Display is the world’s largest LCD maker. A LCD fab like a chipmaking foundry requires highly expensive clean room and several hundreds of precision equipments.
Vetanda Group is working with the Indian government to import technologies from LG. The new fab could be in a joint venture between Twinstar Display and the government.
But exporting LCD fab technology raises concerns for leak in the technology where Korea maintains competitiveness.
The labor-cheap and technology-savvy India joining the crowded and heavily competitive foundry market also could worsen the supply glut in panels, one industry observer said. Display panels are primarily made by Korean, Japanese, Taiwanese and Chinese companies. Chinese players backed by heavy government support have made big strides recently and begun mass production from 10th-generation fab.
By Lee Dong-in
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]