SAMSUNG Electronics and Sony Corporation have signed a letter of intent on manufacturing 8th generation amorphous TFT LCD panels as part of their joint venture, S-LCD Corporation, in Korea.
The companies said S-LCD is currently manufacturing 7th generation panels, using 1870mm by 2200mm glass. The 8G line will be capable of processing sheets of glass 2200mm by 2500mm.
“We plan to invest approximately US$2 billion in the 8th generation amorphous TFT LCD panel facility and actual production is targeted to start in fall 2007. Planned production capacity is 50,000 panels per month,” they said.
“The demand for LCD TVs is expanding and the large-screen TV market is expected to be especially dynamic from now on. By launching a production line for 8th generation amorphous TFT LCD panels, Samsung will target further business expansion in the LCD panel market for LCD TVs, and Sony will continue to proactively focus on cost-competitive and high-quality large screen products targeting an expansion of its LCD TV business.”
The target to sign a definitive agreement is by the end of June.