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October 13th, 2004
LG to invest W2.7 tril. in R&D by 2008
LG Group, Korea's second-largest industrial group, said yesterday that it will invest up to 2.7 trillion won (~$2.3Billion USD) in research and development at its core divisions.
Part of the plan includes pursuing more sophisticated technology such as nanotechnology to manufacture next-generation automobiles, alternative fuels and more.
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