SAMSUNG Electronics Ships First TV Panels off LCD 7-2 Line
Tangjeong, Korea - January 10, 2006 : Samsung Electronics Co., Ltd., the world’s largest provider of thin-film-transistor, liquid crystal display (TFT-LCD) panels, announced today that it has begun shipping 32” and 40” LCD TV panels produced on its newly opened second 7th Generation (7-2) Line.
With these panels, being shipped to Europe, China and Korea, Samsung Electronic is now shipping 7-Gen LCD TV panels from two production lines before its competitors have begun shipping any 7th Generation TV panels in volume anywhere.
Samsung LCD Business President Sang Wan Lee, along with 200 employees, attended a special “shipment launch” ceremony this morning.
Samsung Electronics opened its 7-2 Line on January 1st and expects to reach its full capacity of 45,000 units per month for the first phase by the end of June.
In addition to leading in LCD production capacity, the lightning speed at which Samsung has moved to bring the new plant online has given it the lead in the standardization of TV panels at 40” and 46”, the main sizes that will be mass produced on its 7-2 line.
The 7-2 LCD Line, which is dedicated to the production of large-screen TV displays, will help fortify LCD as the leading panel technology for large-screen TVs.
According to the DisplaySearch, the LCD TV market size is expected to grow to 41.9 million units this year, which far surpasses that of PDP TV’s projected 9.44 million units for 2006.
About Samsung and the Olympic Games
Samsung Electronics Co., Ltd. employs approximately 113,600 people in over 90 offices across 48 countries. The company is the world’s third largest producer of mobile phones. Since 1997, Samsung has been the Olympic Partner in the wireless communications equipment category and continues its contribution to the Olympic Movement as a Worldwide Olympic Partner and Presenting Partner for the Torino 2006 Olympic Winter Games and Torch Relay. In Torino, Samsung will provide Olympic staff, volunteers, athletes and media with 8,000 official Olympic Games phones, featuring the state of the art mobile information service, Wireless Olympic Works (WOW), designed to help organize the largest and most complex sporting event in the world. Also in Torino, Samsung will host the Olympic Rendezvous @ Samsung (OR@S), a relaxing and fun destination for spectators, athletes and their families. The popular meeting place features a series of daily events and activities, as well as a showcase for Samsung’s latest wireless products. For more information, please visit the web site, http://www.samsung.com
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