Marbridge Daily

<- February 15, 2011 ->

Foxconn, Sony to Build LCD TV Plant in Shandong Province

Economic Observer, 2/15/11

According to news from the Shandong Province Department of Commerce, Taiwanese electronics manufacturer Foxconn (2038.HK; 2354.TW) and Sony plan to jointly build an LCD TV plant in Yantai, Shandong province. The joint venture aims to reach an estimated annual production capacity of 30 mln units and hire more than 50,000 additional workers. Yantai municipal government confirmed the rumor.

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