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A government committee headed by Prime Minister Chung Un-Chan gave the green light to the multi-billion-dollar projects by Samsung Electronics Co. and LG Display Co., the prime minister's office said in a statement.
The committee cited the need for the two world's leading LCD makers "to do businesses in a rapidly growing LCD TV market in China and to strengthen business cooperation between the two countries".
Samsung Electronics in October announced a 2.6 trillion won (2.2 billion dollar) investment in China's eastern city of Suzhou to set up a joint venture to produce a new LCD panel plant.
LG Display said in August that it would plough in four billion dollars in a joint venture in the southern Chinese city of Guangzhou to churn out 8th-generation LCD panels.
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