Printed from http://www.electronista.com

Samsung, Sony invest $1.9b in 8G LCD facility

updated 08:40 pm EDT, Fri April 25, 2008

Samsung, Sony invest in 8G

Samsung and Sony are paying 1.8 trillion South Korean won (~$1.9 billion) to upgrade the S-LCD Corporation joint venture, allowing the two companies to produce enough 8G LCD panels to meet global demand. The Wall Street Journal reports that the new manufacturing line will be located in the Tangjeong complex southeast of Seoul, where production will start in 2009. Monthly output is initially expected to reach 60,000 units, versus 50,000 sheets currently.

Samsung's flat-panel division posted first quarter profits of 1.01 trillion South Korean won, while margins were at a four-year high.

LCD TVs are expected to be in high demand ahead of the Summer Olympic Games in China.



By Electronista Staff
toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

D-Link DIR-510L 802.11AC travel router

Having Internet access in hotels and other similar locations used to be a miasma of connectivity issues. If Wi-Fi was available, it wa ...

Ooma Office small business VoIP

Voice over IP (VoIP) services have been around for a very long time. Only recently has the implementation become a bit more robust, al ...

BOXi T-200 travel projector

Projectors have become a key piece of equipment for the business world. From multi-media presentations to the traditional slideshows, ...

Sponsor

toggle

Most Commented

 
toggle

Popular News