Tuesday, November 27, 2007

[The Chosun Ilbo, November 23 2007] Samsung Plans W2 Tril. Expansion for LCD Line

Samsung Electronics has decided to make an investment to expand its eighth-generation production line, called 8-1 line, at its liquid crystal display plant in Tangjeong, South Chungcheong Province.

Korea's largest electronics maker said Thursday that it will spend W2 trillion (US$1=W933) to carry out the second phase of expansion for the 8-1 line, with a view to beginning operation in the third quarter of next year. The first phase of the line is a joint investment by Samsung and Japan's Sony through a joint venture called S-LCD Corp. Sony will not participate in the second phase.

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