LG Philips Launches Production of World's Largest, 6th G LCD Flat Screen
LG.Philips LCD, the world’s leading maker of flat display screens, has launched a massive P6, a sixth-generation production line of thin-film-transistor liquid crystal displays (TFT-LCDs).
The company has invested $2.7 billion for LCD factories over the last year and a half.
Through this operation, LG.Phillips LCD is expected to strengthen its position as a supplier of the world’s largest LCD.
Interestingly, the company has also decided to operate only one production line of the sixth-generation LCD factory and soon move on and operate a seventh generation LCD line currently now under construction.
Meanwhile, LG's rival, Samsung Electronics, plans to launch a seventh generation LCD production line next May through a 50-50 joint venture S-LCD with Sony Japan. Therefore, competition in large-sized LCD market is expected to become even fiercer.
LG.Philips LCD is a 50:50 joint venture between LG Electronics and Philips Electronics, which formally began operation in 1999.
The company has invested $2.7 billion for LCD factories over the last year and a half.
Through this operation, LG.Phillips LCD is expected to strengthen its position as a supplier of the world’s largest LCD.
Interestingly, the company has also decided to operate only one production line of the sixth-generation LCD factory and soon move on and operate a seventh generation LCD line currently now under construction.
Meanwhile, LG's rival, Samsung Electronics, plans to launch a seventh generation LCD production line next May through a 50-50 joint venture S-LCD with Sony Japan. Therefore, competition in large-sized LCD market is expected to become even fiercer.
LG.Philips LCD is a 50:50 joint venture between LG Electronics and Philips Electronics, which formally began operation in 1999.
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