Samsung-Sony joint venture begin shipping LCD panels
Samsung Electronics Co and Sony Corp on Tuesday began shipping panels for large-sized flat screen televisions from the newest production line at their liquid crystal display (LCD) joint venture.
By Agencies |
SEOUL: Samsung Electronics Co and Sony Corp on Tuesday began shipping panels for large-sized flat screen televisions from the newest production line at their liquid crystal display (LCD) joint venture.
The eighth generation line at the venture, called S-LCD Corp, makes panels of 46 inches and 52 inches measured diagonally from corner to corner.
"Our sights are now on LCD TV in the 50-inch class and we aim to lead that segment," Chang Won-kie said in a statement. The first panels shipped were 52-inch ones.
The new facility is capable of manufacturing some of the world's largest substrates, the lass sheets seed to make screens for flat screen televisions, measuring 2200 millimeters by 2,500 millimeters.
Samsung and Sony founded S-LCD in 2004 to produce panels to meet demand or flat screen televisions which have soared in recent years as consumers give up bulky cathode-ray tube sets for the sleeker versions.
Succeeding generation of plants use larger glass substrates to cut LCD panels, thereby boosting output and eventually helping LCD makers cut manufacturing costs.
S-LCD, based in Asan, about 90 km south of Seoul, said the new line would reach its full monthly capacity of 50,000 panels by the end of the year.
Sony President and CEO Ryoji Chubachi and Samsung Electronics CEO Yun Jong-yong were among executives who attended the shipment launch.
The eighth generation line at the venture, called S-LCD Corp, makes panels of 46 inches and 52 inches measured diagonally from corner to corner.
"Our sights are now on LCD TV in the 50-inch class and we aim to lead that segment," Chang Won-kie said in a statement. The first panels shipped were 52-inch ones.
The new facility is capable of manufacturing some of the world's largest substrates, the lass sheets seed to make screens for flat screen televisions, measuring 2200 millimeters by 2,500 millimeters.
Samsung and Sony founded S-LCD in 2004 to produce panels to meet demand or flat screen televisions which have soared in recent years as consumers give up bulky cathode-ray tube sets for the sleeker versions.
Succeeding generation of plants use larger glass substrates to cut LCD panels, thereby boosting output and eventually helping LCD makers cut manufacturing costs.
ADVERTISEMENT
S-LCD, based in Asan, about 90 km south of Seoul, said the new line would reach its full monthly capacity of 50,000 panels by the end of the year.
Sony President and CEO Ryoji Chubachi and Samsung Electronics CEO Yun Jong-yong were among executives who attended the shipment launch.
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
