LG Innotek

Type
Business expansion
Country
Poland
Region
Makroregion południowo-zachodni; Dolnośląskie; Wrocławski
Location of affected unit(s)
Kobierzyce
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
1,080 jobs
Number of planned job creations
Job creation
Announcement Date
18 October 2005
Employment effect (start)
Foreseen end date

Description

LG Innotek is a leading Korean electronic components manufacturer for mobile phones, displays and network systems. The company embraces sales and production units, along with research and development (R&D) laboratories, in 12 global hubs in Asia, the United States and Europe. The company plans to invest €57 million in the development of its operations in Poland and foresees to employ more than 1,000 workers.The company plans to invest €57 million in the development of its operations in Poland and will employ more than 1,000 workers.

Sources

Citation

Eurofound (2005), LG Innotek, Business expansion in Poland, factsheet number 62443, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62443.