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Samsung begins mass producing new-generation LCDs in China
By Korea HeraldPublished : Oct. 25, 2013 - 20:10
Samsung Display Co., a flat-panel unit of Samsung Electronics Co., started mass production of 8th-generation liquid crystal display panels on Friday at its new plant in China, as it seeks to meet the demand for large-size panels from Chinese television manufacturers.
The $300 million new facility in Suzhou, a city one hour by car from China’s commercial hub of Shanghai, is capable of churning out as many as 80,000 standard LCD panels per month, Samsung officials said.
It took 17 months for Samsung to complete the cutting-edge flat-panel plant inside the Suzhou Industrial Park in China, the world’s largest market for LCD TVs.
“With this new plant in Suzhou starting full operations, we aim to strengthen our competitiveness in the Chinese market,” Kim Ki-nam, the president and CEO of Samsung Display, said in his speech at a ceremony. (Yonhap News)
The $300 million new facility in Suzhou, a city one hour by car from China’s commercial hub of Shanghai, is capable of churning out as many as 80,000 standard LCD panels per month, Samsung officials said.
It took 17 months for Samsung to complete the cutting-edge flat-panel plant inside the Suzhou Industrial Park in China, the world’s largest market for LCD TVs.
“With this new plant in Suzhou starting full operations, we aim to strengthen our competitiveness in the Chinese market,” Kim Ki-nam, the president and CEO of Samsung Display, said in his speech at a ceremony. (Yonhap News)
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Articles by Korea Herald
