LG Electronics Inc <066570.KS> plans to invest $100 million in Mexico in the next three years to expand its market presence and workforce there, the company said on Tuesday.

LG Electronics said in a filing to the Korea Exchange that it aimed to raise annual production in Mexico to $4.0 billion by 2012 from $2.6 billion in 2008.

(Reporting by Cheon Jong-woo; Editing by Jonathan Hopfner)