Spurred on by the boom in China's flat-screen television market, the world's largest panel manufacturers have embarked on a capacity building binge.
Over the last few months, companies such as Samsung Electronics, LG Electronics and Sharp have all announced plans to build new fabrication plants in China, in spite of the fact that many existing so-called “fabs” are running well below full capacity.
“The Chinese TV market is growing fast . . . and we need a production base there to drive growth,” says South Korea's LG.
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