Samsung begins investment in LCD Line 7-2

December 28, 2004 – Samsung Electronics has announced it would begin construction of a Line 7-2 at its fab in Tanjeong, Korea. The company will make a 290 billion won (US$273 million) investment in order to start construction of the building for the new line, to be located west of Line 7-1. The fabrication facility will be about 300,000 sq. m., while the module assembly facility will be about 93,000 sq. m.

The construction of Line 7-2 is in response to the rapid growth in demand for 30-inch and larger LCD TVs and production is scheduled to begin in 1H06, the company said. Currently, Samsung is analyzing the glass size and production capacity that will be most appropriate for the Line 7-2 facility.

Production on line 7-1, the joint venture between Samsung Electronics and Sony Corp., is scheduled to begin in 1H05.

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