Samsung and Sony Conclude LOI on Manufacturing 8th Generation TFT LCD Panels at S-LCD Joint Venture

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2006-04-10 14:46

Seoul--(뉴스와이어)--Samsung Electronics Co., LTD (hereafter “Samsung”) and Sony Corporation (hereafter “Sony”) today signed a Letter Of Intent (LOI) on manufacturing 8th generation amorphous TFT LCD panels at their joint venture, S-LCD Corporation (hereafter “S-LCD”). The target is to sign a definitive agreement by the end of June, 2006.

Details are as follows:

- We plan to establish an 8th generation amorphous TFT LCD panel production line (glass panel size: approximately 2,200mm×2,500mm) at S-LCD ( Tangjeong, ChungCheongNam-Do, Korea). S-LCD is currently manufacturing 7th generation amorphous TFT LCD panels.

- We plan to invest approximately $2 Billion in the 8th generation amorphous TFT LCD panel facility and actual production is targeted to start in fall 2007.(Planned production capacity: 50,000 panels per month)

The demand for LCD TVs is expanding and the large-screen TV market is expected to be especially dynamic from now on. By launching a production line for 8th generation amorphous TFT LCD panels, Samsung will target further business expansion in the LCD panel market for LCD TVs and Sony will continue to proactively focus on cost-competitive and high-quality large screen products targeting an expansion of its LCD TV business.

삼성전자 개요
삼성전자는 반도체, 통신, 디지털 미디어와 디지털 컨버전스 기술을 보유한 글로벌 리더다. 삼성전자는 디지털 어플라이언스 부문, 디지털 미디어 부문, LCD 부문, 반도체 부문, 통신 네트워크 부문 등 5개 부문으로 이뤄져 있다. 세계에서 가장 빠르게 성장하는 브랜드인 삼성전자는 스마트폰, 디지털 TV, 메모리 반도체, OLED, TFT-LCD 분야에서 세계 선두 주자다.

웹사이트: http://www.samsung.com/sec