Samsung will invest between $300-440 million in a Chinese TFT LCD company, if reports from DisplaySearch are correct.
The research and consulting body reports that
Samsung will take at least five per cent
of ChinaStar, a company started by LCD TV
manufacturer, TCL. Samsung is believed to have entered
into the agreement on the promise that TCL
will invest in its planned Gen 7 Fab
in China.
If the investments continue as planned
then it will see the companies further strengthen
their close working relationship and high levels of co-operation.