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LG Display builds new LCD plant in China

LG Display, one of the world’s largest flat screen makers, said Tuesday it had started work on a new liquid crystal display plant inChina, the world’s largest market for LCD televisions. The world’s second biggest liquid crystal display TV maker afterSamsung Electronics said commercial operation at the factory inGuangzhou would start in the second half of…

Foxconn to ‘lay off 600 people’ in Slovakia

BRATISLAVA — Taiwanese electronics company Foxconn will lay off 600 people in its Slovak plant where it makes LCD televisions for Sony due to low demand, Slovak business daily Hospodarske noviny reported on Monday. “The unfavourable situation in the LCD television sector in the global and European markets has had…