LG selects Wales as site for 2 factories in investment that sets Korean record

Article Abstract:

LG Group of South Korea will invest $2.64 billion in the construction of two factories in Wales. One of the plants is for its electronic unit, LG Electronics, while the other is for its semiconductor unit, LG Semicon. The project is a first for both South Korea and Europe. It is the largest foreign investment ever made by a South Korean company, and is also the biggest single investment in Europe made by an outsider.

Household audio and video equipment, Consumer Electronics, Audio and Video Equipment Manufacturing, Telecommunications Equipment, Communications Equipment Manufacturing, Foreign investments, Consumer electronics industry, Investments, Telecommunications systems, Wales, LG Corp.

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The long road to success

Article Abstract:

Cirkisys Technology Ltd is a company based in Hong Kong that struggled with competition and lack of capital before finding a niche market and became profitable. The company was originally a consulting firm but the founders decided to diversify into manufacturing Chinese character pagers and other communications equipment. The company currently enjoys a good market share.

Other Communications Equipment Manufacturing, Communications Eqp ex Broadcast, Management, Telecommunications equipment, Hong Kong, Company Profile, Cirkisys Technology Ltd.

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