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LG Electronics’ Debacle in South Wales

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.

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