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LG Group electronics units to up R&D spending
Seoul, Oct 01: LG Group, South Korea`s second-largest business conglomerate, said on Wednesday its electronics units planned to boost spending on research and development projects by 17 per cent next year.
Seoul, Oct 01: LG Group, South Korea's second-largest business conglomerate, said on Wednesday its electronics units planned to boost spending on research and development projects by 17 per cent next year.
LG Group spokeswoman Sue Kim said that LG Electronics, LG Philips LCD and other electronics units would spend $1.83 billion on R&D activities in 2004, up 17 per cent on this year's plan.
Bureau Report