Sony Corp, the world's second-largest consumer electronics maker, and Samsung Electronics Co started shipments of their largest liquid-crystal-displays (LCD) yesterday, a year after Sharp Corp began supplying similar-sized panels.
The S-LCD Corp venture between Sony and Samsung started production of LCDs last month using so-called eighth-generation glass sheets, used to make television sets measuring as large as 52 inches. S-LCD will produce 50,000 LCD panels a month by the end of this year, Tokyo-based Sony said in a statement.
"Our sights are now on LCD TVs in the 50-inch class and we aim to lead that segment," S-LCD CEO Chang Won-kie said in a statement.
The first panels shipped were 52 inches.
The new facility is capable of manufacturing some of the world's largest substrates -- the glass sheets used to make screens for flat screen televisions -- measuring 2,200mm (88 inches) by 2,500mm.
Samsung and Sony founded S-LCD in 2004 to produce panels to meet demand for flat screen tele-visions, which has soared in recent years as consumers give up bulky cathode-ray tube sets for the sleeker versions.
Succeeding generations of plants use larger glass substrates to cut LCD panels, thereby boosting output and eventually helping LCD makers cut manufacturing costs.
S-LCD, based in Asan, about 90km south of Seoul, said the new line would reach full monthly capacity of 50,000 panels by year-end.
Sony and Samsung, the world's largest LCD supplier, are tapping demand for larger, high-definition televisions amid competition from LCD makers including Sharp, Japan's biggest maker of LCD panels, and Matsushita Electric Industrial Co, the world's largest plasma TV maker. Both Sharp and Matsushita, maker of the Panasonic brand, are investing in bigger factories to make screens measuring 60 inches or more.
Osaka-based Sharp, which started its eighth-generation factory last August, is investing ?380 billion (US$3.3 billion) in the industry's most advanced manufacturing factory in Sakai City, Osaka. The 10th-generation plant will start production by March 2010.
Matsushita, based in Osaka, plans to double monthly plasma display production in two years to 1.26 million panels a month by May 2009 at its Amagasaki factories in Hyogo Prefecture.
Sony fell to third place last quarter among global television makers after the company posted the slowest growth in LCD TV sales, according to market researcher DisplaySearch.
Suwon, South Korea-based Samsung ranked first, while Matsushita was fifth.
Sharp wasn't in the top five global TV ranking by sales, according to the researcher.
Shares of Sony fell 0.6 percent to ?5,380 on the Tokyo Stock Exchange, while the benchmark Nikkei 225 Stock Average declined 0.1 percent. Sharp was unchanged at ?2,010, while Matsushita declined 1.5 percent to ?2,000.
DIVIDED VIEWS: Although the Fed agreed on holding rates steady, some officials see no rate cuts for this year, while 10 policymakers foresee two or more cuts There are a lot of unknowns about the outlook for the economy and interest rates, but US Federal Reserve Chair Jerome Powell signaled at least one thing seems certain: Higher prices are coming. Fed policymakers voted unanimously to hold interest rates steady at a range of 4.25 percent to 4.50 percent for a fourth straight meeting on Wednesday, as they await clarity on whether tariffs would leave a one-time or more lasting mark on inflation. Powell said it is still unclear how much of the bill would fall on the shoulders of consumers, but he expects to learn more about tariffs
Meta Platforms Inc offered US$100 million bonuses to OpenAI employees in an unsuccessful bid to poach the ChatGPT maker’s talent and strengthen its own generative artificial intelligence (AI) teams, OpenAI CEO Sam Altman has said. Facebook’s parent company — a competitor of OpenAI — also offered “giant” annual salaries exceeding US$100 million to OpenAI staffers, Altman said in an interview on the Uncapped with Jack Altman podcast released on Tuesday. “It is crazy,” Sam Altman told his brother Jack in the interview. “I’m really happy that at least so far none of our best people have decided to take them
PLANS: MSI is also planning to upgrade its service center in the Netherlands Micro-Star International Co (MSI, 微星) yesterday said it plans to set up a server assembly line at its Poland service center this year at the earliest. The computer and peripherals manufacturer expects that the new server assembly line would shorten transportation times in shipments to European countries, a company spokesperson told the Taipei Times by telephone. MSI manufactures motherboards, graphics cards, notebook computers, servers, optical storage devices and communication devices. The company operates plants in Taiwan and China, and runs a global network of service centers. The company is also considering upgrading its service center in the Netherlands into a
NOT JUSTIFIED: The bank’s governor said there would only be a rate cut if inflation falls below 1.5% and economic conditions deteriorate, which have not been detected The central bank yesterday kept its key interest rates unchanged for a fifth consecutive quarter, aligning with market expectations, while slightly lowering its inflation outlook amid signs of cooling price pressures. The move came after the US Federal Reserve held rates steady overnight, despite pressure from US President Donald Trump to cut borrowing costs. Central bank board members unanimously voted to maintain the discount rate at 2 percent, the secured loan rate at 2.375 percent and the overnight lending rate at 4.25 percent. “We consider the policy decision appropriate, although it suggests tightening leaning after factoring in slackening inflation and stable GDP growth,”