LG Display launch new LCD panel production line on Mar.09 at a new $1.6 billion plant at its Paju complex in South Korea.

The production line will be used to make displays for big-screen TVs and its start comes shortly before domestic rival Samsung Electronics is also expected to start a new LCD factory.

The LG Display plant is based on so-called "8th generation" production technology. This means it can process sheets of mother glass -- the large glass panels on which several LCD screens are made -- of 2.2 meters by 2.5 meters. Each generational process technology is best suited to a certain screen sizes because they fit on the mother glass sheets with least waste.

LG Display will use the new plant for 32-inch, 47-inch and 55-inch LCD panels.

Date Mar.16,2009