In 1996, the Oriental chaebol LG revealed a 1.7 billion extra pound investment in the city of Newport, South Wales, the UK.
The high technology manufacturing centers – being composed of 2 components – would have developed over 6,000 work.
LG never ever took care of to generate that many work, in spite of a grants bundle introduced to be worth virtually a quarter of a billion pounds. Though not every one of that was paid out.
This is a harsh tale. In this video clip we are going to speak about LG Electronics’ unfortunate production initiatives in South Wales.