Samsung To Invest in New Generation LCD Plant
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Samsung Electronics said its board of directors has approved a plan to invest US$274 million in a second seventh-generation LCD production line at its Asian plant.
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French auto giant Renault SA said it will invest some 570 million dollars in South Korea over the next three years as part of its global strategy to become a key player in Asia, notably China.
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By Kyodo News International, Tokyo  Sep. 19--OSAKA -- Sharp Corp. on Tuesday gave the media a preview of its  new factory for giant liquid crystal displays, seeking to seize a bigger share  in the overseas TV market with products equipped with LCDs made at the  state-of-the-art plant.
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Samsung Electronics Co., Ltd. has developed a new LCD (liquid crystal display) technology that builds a touch screen into the display, a development that could lead to thinner
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Samsung Electronics, the world's second-largest mobile phone maker, expects its handset sales to rise 16 per cent next year to more than 100m units.
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Sharp and Toshiba plan to closely cooperate in the flat-panel TV business, buying screens and semiconductor chips from each other, they said Friday.Toshiba will turn to Sharp for the 32-inch and larger flat-panel displays used in its LCD (liquid crystal display) televisions while Sharp will procure from Toshiba the chips used in its TVs. The cooperation will begin during the year from April and will slowly build towards 2010 when two goals are expected to be reached: Sharp will supply Toshiba with 40 percent of its LCD modules and Toshiba will sell to Sharp 50 percent of the chips it needs.The deal provides both companies with a steadier supply of vital components for LCD TVs. The market for such televisions has grown from 161 million units in 2003 to an estimated 192 million this year and is expected to keep on rising on the back of strong demand and competition.Some of the display panels headed for Toshiba will come from a state-of-the-art &#165;380 billion (US$3.36 billion) LCD manufacturing plant Sharp is building in Osaka&#39;s Sakai City. Production is scheduled to begin in 2009. The plant will handle mother glass -- the large sheets on which several display panels are made -- of 2.85 meters by 3.05 meters. This size, dubbed 10th generation, is larger than that used by any other display manufacturer and will make the Sakai plant the world&#39;s most advanced LCD production center.The large glass sheets also bring a cost advantage for Sharp. The per-inch price of LCD panels drops with increases in the size of mother glass, so the panels are likely to be more competitive than those from rivals. That&#39;s especially important in the TV market, where strong competition has made price a key to success.Toshiba currently holds a stake in IPS Alpha Technology, an LCD manufacturing joint venture created with Panasonic and Hitachi. The IPS line uses an older 6th-generation technology and will need substantial investment if it is to remain competitive in the market.
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French auto giant Renault SA said it will invest some 570 million dollars in South Korea over the next three years as part of its global strategy to become a key player in Asia.
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Samsung Electronics Co. Ltd., the world&#39;s largest maker of memory chips, said on Monday it would invest $24 billion in its semiconductor business by 2010.
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Samsung Electronics Co. Ltd. said today it would invest $273 million (290 billion won) to begin construction of Line 7-2 TFT-LCD fab line at its Tanjeong, Korea flat panel display facility.
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On the occasion of its 30th anniversary in the semiconductor business, Samsung announced plans to invest $24 billion into semiconductor production over the next six years, an expansion that will create 10,000 new jobs.
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Sharp Corp. , the world's third-largest LCD TV maker, said on Friday it would likely build a new LCD panel plant in Sakai, Osaka prefecture, and the final decision will be made by the end of July.
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LG.Philips LCD Co. Ltd. today reported that mass production at its sixth generation thin-film-transistor liquid crystal display (TFT-LCD) plant in Gumi, South Korea, began last month.
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Samsung Electronics expects profit from mobile devices to pick up next year, despite a rating cut issued by an investment bank. During a presentation at the UBS investor conference in Seoul, Samsung
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Samsung Electronics plans to invest 25 trillion won ($24 billion) in building new semiconductor production lines by 2010, the company said Monday.
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SEOUL, South Korea -- Samsung Electronics Co. on Monday unveiled a new type of memory chip that it said will allow digital devices to work faster by saving new data more quickly.
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SEOUL: South Korea&#39;s Samsung Electronics claimed breakthroughs in key technologies that promise greater data storage and faster processing for computers and mobile devices such as MP3 audio players.
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Samsung Electronics may process 2,000Ã2,300mm glass substrates at a second seventh-generation (7G) line in the beginning of 2006, according to the South Korea-based Electronic Times, Seoul.