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LG to set up $1.26bn R&D facility

: Saturday, July 26 - 2014 @ 04:30

LG Electronics Inc. has announced it will invest 1.3 trillion won ($1.26bn) to build a new research and development facility in the country’s capital city of Seoul, Reuters has reported. The South Korean company said the investment seeks to develop new growth technologies, without elaborating further.

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Saturday, July 26- 2014 @ 4:30 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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