Tuesday, August 28, 2007 -- A new LCD (liquid crystal display) factory has opened in South Korea, with cheaper flat-panel televisions potentially on the way as a result.
The plant is operated by S-LCD Corp., a joint venture between Sony Corp. and Samsung Electronics Co. Ltd. The first LCD panels left the plant Tuesday, Samsung said in a statement.
The factory makes the panels on a so-called "8th generation" production line. That means it uses mother glass -- the large sheets of glass on which several panels are produced -- measuring 2.2 meters by 2.5 meters. S-LCD already operates a 7th generation line at a site in Tangjeong that uses glass measuring 1.87 meters by 2.2 meters. The new factory processes significantly larger sheets of glass, which is important because the use of larger sheets brings production efficiencies that can result in lower respective prices of LCD panels.