November 02, 2006 in TV + Video News

S-LCD Prepares for New Growth Surge from 8th generation LCD Fabrication Line


TANGJEONG, South Korea, November 2, 2006 : S-LCD Corporation (hereafter S-LCD), a Samsung Electronics Co. Ltd. (hereafter Samsung) - Sony Corporation (hereafter Sony) joint venture, held a "topping out" ceremony to celebrate a major milestone of the construction of the 8th-generation LCD fabrication line at the Tanjeong production complex. "Topping out" is the placement of the uppermost steel beam, signifying that the structure is close to its completion. At the ceremony, officials of S-LCD said the new facility would trigger a "new growth surge" for the company.




The following senior executives participated in the ceremony:



From Samsung Electronics:

Vice Chairman Jong Yong Yun,

Vice Chairman Yoon Woo Lee,

President Sang Wan Lee





From Sony Corporation:

President and Electronics CEO Ryoji Chubachi

Executive Deputy President Katsumi Ihara

Executive Deputy President Yutaka Nakagawa


From S-LCD:

CEO Won-kie Chang

CFO Hitomi Masatoshi



The six senior executives congratulated one another on the success of their previous collaboration - the 7th-generation LCD line - and promised to work together to ensure continued success with the 8G line.



S-LCD started mass producing LCD panels on the 7G line in April 2005, nine months after the company was officially launched. As a result of that collaboration, both Samsung and Sony have had access to a stable supply of large-screen LCD TV panels, helping the partners to become the global market leaders for LCD TV screens in the 40"-diagonal range.



S-LCD has maintained its original investment schedule on its path to market leadership for LCD TV screens in the 50"-diagonal range.



By July 2006, the 7G fabrication line at S-LCD will be capable of processing 75,000 mother-glass substrates (1,870mm x 2,200mm) per month, with a goal of increasing this monthly capacity to 90,000 units in early 2007.



Next fall, the 8G S-LCD line will commence operations, adding another 50,000 mother-glass substrates (measuring a record 2,200mm x 2,500mm) to the overall monthly production capacity, thereby positioning S-LCD as the world's largest producer of large-screen LCD TV panels. The 8th-generation fabrication line will mainly be used to produce LCD panels for 52" or larger diagonal LCD TVs.



Mr. Won-kie Chang, CEO of S-LCD and Executive Vice President of Samsung Electronics, says: "Our success in 7G production has already provided a springboard for a new round of growth at S-LCD. Once our 8G line is up and running, we will assume the leading position as a LCD TV panel manufacturer for the 50" LCD TV range."



About Samsung Electronics

Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2005 parent company sales of US$56.7 billion and net income of US$7.5 billion. Employing approximately 128,000 people in over 120 offices in 57 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 a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com


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