LG Display in Talks With TPV to Form Venture in Poland

Feb. 7 (Bloomberg) -- LG Display Co., the world’s second-largest maker of liquid-crystal displays, said it’s in talks with TPV Technology Ltd. to form a venture in Poland to manufacture LCD modules and televisions.

The venture will help reduce production costs by making TV parts and sets in one factory, Claire Ohm, a Seoul-based spokeswoman for LG Display, said in a telephone interview today. LG has similar operations in China with TPV and AmTran Technology Co.

The company is yet to decide on investments and when to begin production, Ohm said. Newspim, a Korean-language online news provider, reported LG Display’s plan earlier today.

To contact the reporter on this story: Jun Yang in Seoul at jyang180@bloomberg.net

To contact the editor responsible for this story: Young-Sam Cho at ycho2@bloomberg.net.