https://tube.loping.net/videos/watch/e5e1c034-b826-42f4-89ea-b2ec7535f604 In 1996, the Korean chaebol LG announced a 1.7 billion pound investment in the city of Newport, South Wales, the United Kingdom. The high tech manufacturing facilities - consisting of two parts - would have created over 6,000 jobs. Unfortunately, LG never managed to produce that many jobs, despite a grants package announced to be worth nearly a quarter of a billion pounds. Though not all of that was paid out. This is a rough story. In this video we are going to talk about LG Electronics' ill-fated manufacturing efforts in South Wales. Links: The Asianometry Newsletter: https://asianometry.substack.com, Patreon: https://www.patreon.com/Asianometry, Twitter: https://twitter.com/asianometry Sun, 12 Jul 2026 13:15:53 GMT https://validator.w3.org/feed/docs/rss2.html PeerTube - https://tube.loping.net https://tube.loping.net/lazy-static/avatars/8a56e488-2120-4649-a417-badf5893657b.png https://tube.loping.net/videos/watch/e5e1c034-b826-42f4-89ea-b2ec7535f604 All rights reserved, unless otherwise specified in the terms specified at https://tube.loping.net/about and potential licenses granted by each content's rightholder.