April 10, 2006 in TV + Video News

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


Seoul, Korea / Tokyo, Japan, April 10, 2006 - 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.





About Samsung Electronics

Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2004 sales reaching US$55.2 billion and net income of US$10.3 billion reported by the parent company. Employing approximately 113, 6 00 people in over 90 offices in 48 countries, the company consists of five primary business units: the Digital Appliance Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com .




Welcome to Samsung

Sign up & get 10% off

Sign up and get 10% off your first order of $100 or more! Shop Samsung.com to find the best tech at the best prices and recieve news on our latest technology and exclusive offers.*

*Exclusion apply. Order must be a minimumm of $100 or more. Offer valid only for new Samsung.com customers. Must sign up for emails by 11/12/16. Promo code must be used by 11/19.

Fast, easy checkout with Shop Samsung App
Easy sign-in, Samsung Pay, notifications, and more!
Or continue shopping on Samsung.com
×
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.
GET
×
The Shop Samsung app
Free standard shipping, exclusive offers and financing options.
GET
×

You Are About To Be Redirected To Investor Relations Information for U.S.

Thank you for visiting Samsung U.S. Investor Relations. You will be redirected via a new browser window to the Samsung Global website for U.S. investor relations information.
CANCEL
CONTINUE