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Technology Stocks : AFCO: Applied Film, Undiscovered Gem?
AFCO 8.6500.0%Jul 10 5:00 PM EST

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To: SemiBull who wrote (209)3/25/2003 7:05:35 PM
From: SemiBull  Read Replies (1) of 238
 
Samsung to invest $1 billion in new LCD line

By Semiconductor Business News
Mar 25, 2003 (3:54 PM)
URL: siliconstrategies.com

SEOUL -- Korea's Samsung Electronics Co. Ltd. here plans to invest about $1.3 billion in its latest flat-panel display manufacturing line.

The so-called “Line No.6” is a TFT-LCD production line that is currently under construction in Chonan, Korea. The line is scheduled for initial production at the end of this year.

The new line will be capable of producing 60,000 fifth-generation (1,100- x 1,300-mm) glass substrates per month when in full operation in the first half of 2003.

Samsung Electronics started operation at its so-called “Line No.5” TFT-LCD plant last September. With the additional capacity, the Korean company will have a monthly output of 160,000 fifth-generation substrates.

This will broaden the gap between Samsung and the second ranking company in terms of fifth-generation capacity by at least 30 percent and more than double the volume of Taiwanese manufacturers.
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