Samsung to recover investment 17600 billion yuan to strengthen the global dominance of liquid crystal

The world's largest LCD panel suppliers Samsung announced additional investment this week 17600 billion won heavily, to accelerate the construction of the new seven generation LCD production line 7-2. Samsung Electronics official spokesman said the additional investment can ensure that the Department is located in the southeast of Seoul tangjeong factory new seven generation LCD production line 7-2 at a predetermined time and successfully completed, in order to speed up the 40 inch and 46 inch LCD panel standardization process.

It is understood that Samsung Electronics in the beginning of this year has been for the construction of the new seven generation LCD production line 7-2 the first phase investment of 23700 won, and complete the key equipment required for installation of production in August, it is expected that the new production line officially launched in April 2006.

On the other hand, Samsung's seventh generation LCD production line 7-1 the first half of the year has successfully achieved the mass production of large screen LCD panel 1870 x 2200mm specifications, and up to 60000 of the monthly production capacity, and the forthcoming completion of the 7-2 production line will reach 90000 of the total monthly production capacity of 150000 pieces per month. By then, Samsung will occupy a dominant position in the market competition of 40 inches and 46 inches large LCD panel supply market as well as large screen LCD TV standardization. Samsung said it would further committed to the production of high-quality large screen LCD panel, in the visual color and wide screen experience, to meet consumer demand for dual LCD tv.

It is said that in August this year, Samsung Electronics has become the first monthly production capacity reached 4 million 150 thousand LCD panel suppliers, in the global LCD market competition to occupy the lead. It also continued from 2002 to Samsung has maintained the global LCD market dominance. Samsung Electronics official said, is expected to around 2010, the world's largest LCD screen production will reach 100 million / year. Samsung set up two seven generation LCD production line, to ensure the competitiveness in the industry, the additional investment shows that Samsung accelerate the standardization process of large screen LCD panel to make 40 inches and 46 inches has become the industry standard, and in order to maintain its leading market position.

Is expected to 2006 Germany World Cup, demand for large screen LCD panels will be global volume growth, while Samsung seven generation production line of powerful production capacity, can deal with the rapid growth in demand.