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Lg Electronics To Invest $436 Million On New Solar Capacity In South Korea

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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LG Electronics' company logo is seen at a shop in central SeoulLG Electronics Inc on Wednesday said it will invest 527 billion won ($435.67 million) on new solar panel production facilities in South Korea over the next three years, aiming to triple its capacity by 2020. The South Korean firm said in a statement it would add six new solar panel production lines at Gumi, a city about 200 kms (124 miles) southeast of Seoul, by the first half of 2018.




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