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Samsung and Sony Agreed on Establishing Additional 8th Generation Line at S-LCD
JCN Newswires, April 27, 2008
Seoul, Korea, and Tokyo, Japan, Apr 10, 2008 - (JCN Newswire) - Samsung Electronics Co., Ltd. and Sony Corporation today announced that they have signed a contract to establish an additional 8th generation amorphous TFT-LCD manufacturing line ('8-2 line') at their joint venture, S-LCD Corporation ('S-LCD').
S-LCD, established in April 2004, started its 7th generation line operation in April 2005 and its first 8th generation line operation in August 2007 to manufacture and supply TFT-LCD panels to Samsung and Sony. To meet the increase of the world demand for LCD televisions, Samsung and Sony agreed to expand the capacity of the 8th generation line. Total investment for the 8-2 line will be approximately 1.8 trillion KRW (approximately $1.9 billion/200 billion JPY) and will be invested by S-LCD.
The 8-2 line is to be built in the Tangjeong Complex, and production is targeted to start in the second quarter of 2009. The production capacity of the new line is expected to be initially 60,000 sheets per month (substrate glass input basis). The size of substrate glass from this line will be 2,200 x 2,500mm.
By adding the 8-2 line, together with the current 8th and 7th generation lines in Tangjeong, S-LCD is expected to be a stable and efficient supplier to Samsung and Sony of large screen LCD panels.
S-LCD Production Line Status] (as of April 25, 2008)
7th Generation Line
Startup: April 2005 Current capacity: 100,000 sheets / month(*) Motherglass size: 1,870 x 2,200 mm
First 8th Generation Line
Startup: August 2007 Current capacity: 50,000 sheets / month(*) Motherglass size: 2,200 x 2,500 mm
Additional 8th Generation Line
Startup: 2nd Quarter 2009 Initial capacity: 60,000 sheets / month(*) Motherglass size: 2,200 x 2,500 mm (*) substrate glass input basis
About Sony
Sony Corporation is a leading manufacturer of audio, video, game, communications, key device and information technology products for the consumer and professional markets. With its music, pictures, computer entertainment and on-line businesses, Sony is uniquely positioned to be the leading personal broadband entertainment company in the world. Sony recorded consolidated annual sales of approximately $70 billion for the fiscal year ended March 31, 2007. For more information, please visit the Sony Global Web Site at www.sony.net .
About Samsung Electronics
Samsung Electronics Co. Ltd. (KSE: 0083) is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2003 parent company sales of US$36.4 billion and net income of US$5.0 billion. Employing approximately 88,000 people in 89 offices in 46 countries, the company consists of five main business units: Digital Appliance Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing global brands, Samsung Electronics is the world's largest producer of color monitors, memory chips, and TFT-LCDs.
Source: Sony
Contact:
Sony Corporation Corporate Communications Tel: +81-3-6748-2200 Fax: +81-3-6748-2061
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