New R&D center

LG Chairman Koo Bon-moo, sixth from left, cuts the tape with Minister of Trade, Industry and Energy Yoon Sang-jick, fifth from left, Incheon Metropolitan City Mayor Song Young-gil, seventh from left, LG Electronics Vice Chairman Koo Bon-joon, eighth from left, and chief executives of partner companies in a ceremony to launch LG’s first car-component facility in Incheon, Wednesday. LG invested 310 billion won in the research center, which will house 800 engineers to develop car component-related technologies. / Courtesy of LG Electronics