SAMSUNG Begins Investment in LCD Line 7-2

Dec 29, 2004

Samsung Electronics, the leader in TFT-LCD technology, announced today that it would begin construction of a Line 7-2 at its fabrication facility in Tanjeong, Korea.
Samsung will make a 290 billion won (US$273 million) investment in order to start off the construction of the building for the new line. Line 7-2 will be located to the west of Samsung's Line 7-1. The fabrication facility will be about 300,000 square meters while the module assembly facility will be about 93,000 square meters. Line 7-1, the joint venture between Samsung Electronics and Sony Corporation, is the world's first 7 th Generation line and production is scheduled to begin in the first half of 2005.

Following market acceptance of 32-inch LCD panels, Samsung is well positioned to take the lead in standardizing 40-inch and 46-inch LCD TV panels with this early capital investment. The construction of Line 7-2 is in response to the rapid growth in demand for 30-inch and larger LCD TVs and production is scheduled to begin in the first half of 2006.

“With Line 7-2, Samsung will secure a stable supply from which we can deliver high-quality, affordable LCD TV panels,” said Sang Wan Lee, president and CEO of Samsung's LCD Business. “This will solidify Samsung's leadership position in the industry as it standardizes large-sized LCD TVs.”

Currently, Samsung is analyzing the glass size and production capacity that will be most appropriate for the Line 7-2 facility.

Explore further: Canada's CBC websites hacked by pro-Syrian group

add to favorites email to friend print save as pdf

Related Stories

Review: Samsung fuses tablet, camera

Jan 02, 2013

In the few weeks I've been testing the Samsung Galaxy Camera, I've been trying to figure out which market Samsung is out to capture.

Recommended for you

Shedding light on solar power

2 hours ago

Everyone wants to save energy, but not everyone knows where to start. Grid Resources, a startup based out of the Centre for Urban Energy's iCUE incubator, is developing a new website that seeks to help homeowners ...

Energy transition project moves into its second phase

2 hours ago

Siemens is studying new concepts for optimizing the cost-effectiveness and technical performance of energy systems with distributed and fluctuating electricity production. The associated IRENE research project ...

EU Parliament votes to break up Google

4 hours ago

The European Parliament voted overwhelmingly for the break-up of Google Thursday in a largely symbolic vote that nevertheless cast another blow in the four-year standoff between Brussels and the US Internet ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.