LG Promises More Plasmas for 2007

While Sony talks about beefing up LCD production, LG goes the other way and announces a plan to add another plasma display panel production line in 2007. LG expects the PDP market to get up to 25 million units by 2010 and hopes its new line will put out 550,000 units a month.

"We are considering another investment in 2007," LG said in a press statement. "If the investment is made, we will be able to process 730,000 units per month, on top of the 550,000 units of per month capacity we will have by 2006."


So, we can only hope that the trickle down to us will be lower prices on large plasma TVs.

LG Elec may double plasma panel capacity by 2007 [Reuters]

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