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Samsung to invest $2.2 billion on LCD expansion

South Korea's Samsung Electronics said on Thursday it plans to invest $2.21 billion to expand its eighth-generation liquid crystal display line.

South Korea's Samsung Electronics said on Thursday it plans to invest 2.06 trillion won ($2.21 billion) to expand its eighth-generation liquid crystal display line.

Samsung, which had been cooperating with Japan's Sony for its No. 8 line, is making the investment on its own for this phase, a Samsung official said.