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

04/25, 8:40pm

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.

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