The Korea Herald

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LG Innotek to invest US$20m in Vietnamese subsidiary

By 황유미

Published : July 27, 2016 - 15:50

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[DISCLOSURE] LG Innotek (011070) announced on July 27 that it has decided to invest US$20 million in its wholly-owned subsidiary LG Innotek Vietnam Hai Phong to establish a new camera module manufacturing venture. 

This amounts to 1.3 percent of its equity capital.