LG Philps to double 7G LCD production from next summer 상세내용
Subject
LG Philps to double 7G LCD production from next summer
date
2005-11-22 00:00:00
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내용
LG Philips LCD, a leading global display maker, said on Monday (Nov. 14) that it has begun to order equipment for its seventh-generation line in order to double the production of liquid-crystal display (LCD) panels from next summer.
The plant, named P7, will start churning out 45,000 large-size sheets per month from the first quarter of next year. The amount will double at the second phase of mass production planned for the third quarter.
The company said it decided to order equipment for the second phase of mass production at P7 due to the rapid growth in the LCD TV market.
In December 2004, LG.Philips LCD announced plans for the new manufacturing plant at Paju, Gyeonggi Province. The joint venture between LG Electronics and Royal Philips Electronics of the Netherlands began to install the equipment in July for the first phase of the production.
According to U.S.-based research firm DisplaySearch, the LCD TV market is expected to continue its rapid growth by posting over 115 percent of annual growth in 2005 to 18.87 million units, up from 8.77 million units from the previous year. The research firm has forecast that the market will increase to 32.25 million units in 2006 and to 46.63 million units in 2007.
DisplaySearchs report also indicated that 32- and 37-inch panels will lead the market growth by taking up more than 37 percent of total LCD TV units in 2007. Meanwhile, the market for the 40-inch range of LCD TV sets, including 42-inch panels, is expected to grow in earnest from 2006 as the World Cup event in Germany is expected to be a unique catalyst for LCD TV sales growth.
Over the last few years, LG.Philips LCD has transed its strength in the production of monitors and laptop computers into a leadership role in the mainstream 26-, 32- and 37-inch LCD TV panel market. The company commenced mass production at its sixth generation plant in Gumi, near Daegu, in August of last year, and the facility reached its initial design capacity of 90,000 units per month by the third quarter of this year.
