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Samsung Electronics Tops TFT-LCD Market for 5th Straight Year
Business Wire, March 19, 2003
Business Editors/High-Tech Writers
SEOUL, Korea--(BUSINESS WIRE)--March 19, 2003
Samsung Electronics Co., Ltd., the world's largest provider of TFT-LCD display panels, today announced that it has recorded its fifth year as the world's foremost maker of TFT-LCDs. According market researcher, DisplaySearch, Samsung sold US$3.086 billion worth of TFT-LCDs in 2002 to capture 17.6% of the world market--the top share in terms of sales revenue.
By geographical region, the worldwide TFT-LCD production breaks down as 38% for Korea, 36% for Taiwan and 26.9% for Japan. Thus, Taiwan has surpassed Japan for the first time to rank second, while Korea has remained the top TFT-LCD producing country since 1999. The top 4 company rankings are Samsung (Korea, 17.6%), LG-Philips LCD (Korea, 17.4%), AU Optronics (Taiwan, 11.7%) and Sharp (Japan, 9.1%).
Samsung has achieved the highest share of the world market in 1998, just four years after starting up TFT-LCD production. Samsung's record performance in the TFT-LCD market comes from its well-facilitated marketing strategy of large-area notebook panels. The 15-, 17- and 19-inch models have received good response from the market.
Samsung started up its 5th-generation fabrication line (1,100mm by 1,250mm substrates) in Cheonan, Korea in September 2002. Construction of a sixth fabrication line was initiated last December and is scheduled for completion in the third quarter of 2003. Samsung will secure a monthly output of 160,000 substrates from lines five and six. The enhanced capacity will meet growing market demand for 20-, 22- wide-screen, and 32-inch LCD TVs along with forecasts for another strong year of 15-inch notebook PC panels and 19-inch TFT-LCD monitor models.
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, and digital convergence technology. Samsung Electronics employs approximately 70,000 people in 87 offices in 47 countries. Samsung Electronics is the world's leading producer of advanced semiconductors, TFT-LCDs, CDMA mobile phones, monitors and VCRs. Samsung Electronics consists of four main business units: Device Solution Network, Digital Media Network, Telecommunication Network and Digital Appliance Network Businesses.
The Device Solution Network specializes in semiconductor and TFT LCD display products for industrial, mobile and advanced computing applications, offering a full line of key solutions of DRAMs, SRAMs, Display Driver ICs, Smart Card ICs, TFT LCD panels and Flash memories. The Device Solution Network operates 11 overseas sales subsidiaries and mass production facilities to maximize on hand customer support. For more information, visit our website at http://www.samsungsemi.com
Samsung Semiconductor Inc., a wholly owned U.S. subsidiary of Samsung Electronics Co., Ltd., is located in San Jose, Calif. More information can be found at http//www.usa.samsungsemi.com/.
Samsung Semiconductor Europe, a wholly owned subsidiary of Samsung Electronics Co., Ltd., is headquartered in Frankfurt, Germany and London, UK with sales offices all over Europe. More information can be found at http://www.samsungsemi.de
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