RNS Number:1121T
Sony Corp
25 April 2008
April 25, 2008
Samsung Electronic Co., Ltd.
Sony Corporation
Samsung and Sony Agreed on Establishing
Additional 8th Generation Line at S-LCD
Seoul, Korea/Tokyo, Japan, April 25, 2008 - Samsung Electronics Co., Ltd.
("Samsung") and Sony Corporation ("Sony") 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 Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor,
telecommunication, digital media and digital convergence technologies with 2007
consolidated sales of US$103.4 billion. Employing approximately 150,000 people
in 134 offices in 62 countries, the company consists of five main business
units: Digital Media Business, LCD Business, Semiconductor Business,
Telecommunication Business and Digital Appliance 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.
About Sony Corporation
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 electronics
and entertainment company in the world. Sony recorded consolidated annual sales
of approximately $70 billion for the fiscal year ended March 31, 2007. Sony
Global Web Site: http://www.sony.net/
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