Social Responsibility News

Grand Opening Ceremony of S-LCD

Jul 16, 2004

-Amorphous TFT LCD Manufacturing Building Completed for 7th Generation LCDs  -Equipment Move-in Event Also Took Place-Mass Production to Begin in the First Half of 2005

S-LCD Corporation celebrated completed construction of the world's largest generation 7 amorphous
TFT LCD panel production building in Tangjung, South Korea. The “S-LCD Grand Opening
Ceremony” was held with approximately 1,000 guests, including government personnel from both
Korea and Japan and personnel from related enterprises. A manufacturing equipment move-in event
also took place and was broadcasted for the audience in the ceremony. Mass production is expected
to start in the first half of 2005 after production testing.

S-LCD Corporation is a joint venture company that was established on April 26th 2004. It is an equal
joint investment* by Samsung Electronics Co. Ltd. (hereafter Samsung) and Sony Corporation
(hereafter Sony) dedicated to the manufacturing of amorphous TFT LCD panels for LCD TVs. The
facility boasts the most advanced manufacturing equipment for 7th generation LCD panels, with a
production capacity of 60,000 panels/ month. The facility will operate as a major source for LCD
panels to both Samsung and Sony.

The LCD panel production building is composed of 4 floors, with a total floor area of 32,000 m2. The
module assembly building with a total floor area of 15,000 m2 is also completed. LCD module
production from S-LCD will be customized uniquely for Samsung and Sony, with integration of
peripheral devices such as back-light and driving circuitry.

S-LCD Corporation will create a stable supply base for amorphous TFT LCD panels for both Samsung
and Sony. Its efficient production output will support the development of LCD TV businesses at both
Samsung and Sony.

“The cooperation between Samsung and Sony offers an opportunity to lead the rapidly growing LCD
TV market and standardization of glass substrate and LCD TV sizes. It is a win-win situation for both
companies. We are committed to developing Tangjung Crystal Valley as the center of the world's
display industry and making the joint venture into a success.” said S.W. Lee, President and CEO of
Samsung Electronics' LCD Business.

"It is a great pleasure to know that the preparations by S-LCD Corporation are progressing smoothly
and both Sony and Samsung have great expectations for the beginning of mass-production next year."
said Ken Kutaragi, Executive Deputy President and COO of Sony Corporation. "Television is a key
product category for Sony. S-LCD panels will be at the core of our flat panel TV strategy, further
strengthening our overall vision for television. There is tremendous potential for expansion in the
market for digital TVs, and Sony will apply its unique signal processing technology, device technology
and design skills to deliver products that allow customers around the world to enjoy varied contents."

About Samsung Electronics

Samsung Electronics Co. Ltd. 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 six main business units: Corporate Technology Operations, 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, color TVs, memory chips, TFT-LCDs and VCRs. For more information, visit