Toshiba buys stake in LG.Philips LCD manufacturing business

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11-10-2006, 7:50 PM

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Toshiba buys stake in LG.Philips LCD manufacturing business

Toshiba has anounced that it's making an equity investment in LG.Philips LCD Poland SP. zo. o, a Polish subsidiary of LG.Philips LCD - a leading manufacturer of LCD panels. The investment will apparently run to around 5.5 billion yen, giving Toshiba a stake approaching 2o% of the company's equity. "Our...

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