Investment in LCD Line 6
25 June 2003 - 5:07PM
UK Regulatory
RNS Number:7417M
Samsung Electronics Co. Ld
25 June 2003
June 25, 2003
Investment in LCD Line 6
- Details
- SEC's BOD has authorized the investment plan to expand the LCD
production capacity within this year so that SEC can maintain a timely
supply of color filters. It will improve the balance sheet as outsourcing
color filters is less cost effective, and also help secure new process
to raise productivity.
- The planned investment will be used to upgrade color filter production
equipment in line 6, and is expected to total #U163.4 billion.
- The investment will help finance the expansion of color filter
production equipment and the building of clean rooms.
This information is provided by RNS
The company news service from the London Stock Exchange
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