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Samsung to invest in TCL 8.5G LCD plant in China, says report

Source :Digitimes Research          update : 2010-07-20

Samsung Electronics is expected to provide 2-3 billion yuan (US$295.16-442.74 million) and technological support for a 8.5G TFT-LCD panel production plant of Shenzhen China Star OptoELectronics Technology, a subsidiary of TCL, according to a Chinese-language report on YICAI.com.

TCL spokesman confirmed that Samsung will invest in the panel fab project, but the two companies are still in talks regarding the details, the report claimed.