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To: Don Green who wrote (52835)	9/8/2000 2:38:58 AM
From: Don Green	Read Replies (1) \| Respond to of 93625

Samsung Targets US$30B in Annual Device Sales by 2005 September 8, 2000 (SEOUL) -- Samsung Electronics Co., Ltd. aims to improve its competitiveness in the memory, system LSI and TFT-LCD businesses, and it targets total sales of those devices of US$30 billion by 2005. In response to an expected shortage of dynamic random access memory (DRAM) microchips and high-capacity memory products, such as Rambus DRAM and flash memory, the company will begin production at its new Line 10. That line is at a second fabrication facility in Hwasung, Korea, and the company expects to begin construction of Line 11 later this month. Commercial production at the second line is due to begin in the second half of 2001. Samsung's announcement came at a press conference on Sept. 6, ahead of operations at Line 10, as part of the company's new vision for the semiconductor and thin-film transistor liquid-crystal display (TFT-LCD) businesses. "The brisk growth of the Internet market and digital media products will lead to a shortage of DRAMs until 2002," said Lee Yunwoo, president and CEO of Samsung's semiconductor business group. He was answering concerns over the recent oversupply of DRAM microchips. Samsung Electronics plans to strengthen its position as the leading supplier of DRAM, SRAM, NAND flash memory and next-generation Rambus DRAM products. The system LSI business also will be organized as a key strategic product area. The company aims to emerge as the top manufacturer in all of these fields by 2005. Also, Samsung hopes to accommodate the growing demand for system LSIs. In October, Samsung plans to break ground on a new 8-in.-wafer production line exclusively for system LSIs. It plans to produce 0.13-micron to 0.18-micron design rule application specific integrated circuits (ASICs), CPUs and system-on-a-chip (SOC) products from early 2002. Through these efforts, system LSI division sales will likely increase by 24 percent annually from this year's expected US$1.7 billion to reach US$3 billion in 2002 and US$5 billion in 2005, the company said. In addition, Samsung will construct a 300mm wafer line within Line 11, with operations due for the second half of 2001. It will be the first company to operate a 300mm wafer pilot line. To finance these plans, Samsung will spend about 5.7 trillion won on the semiconductor business next year, roughly the same level as the estimate for this year. Samsung has occupied the top position in the market for midsize-to-large screen TFT-LCDs, since 1998. Recent world's first developments in smaller screens such as its 2-in. product for IMT-2000 terminals and a 6.6-in. high-resolution product will help assure Samsung's overall position in the market, the company said. Samsung aims to secure a 20 percent market share for four major application markets, or those of notebook PCs, monitors, LCD TVs and small and midsize screens.