South Korean LG Display to invest additional $1 bln in Vietnam, local govt says
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LG Display, a South Korean company, plans to invest an additional $1 billion in its operations in Haiphong, Vietnam, as per local government announcements.
November 15, 2024 | 2:30 am
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LG Display is set to increase its investment in Haiphong, Vietnam by $1 billion, indicating a strategic expansion in the region.
The $1 billion investment in Vietnam suggests a significant expansion of LG Display's operations, which could lead to increased production capacity and potential revenue growth. This strategic move is likely to positively impact the company's stock price in the short term.
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