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| The following information is true and accurate at the time of publication. |
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April 19, 2006
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| S-LCD Announces Expansion of Monthly Production Capacity for 7th Generation Amorphous Silicon TFT LCD Display Panels - up to 90,000 Panels |
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Tangjeong, Korea - April 19th, 2006- S-LCD Corporation (hereafter S-LCD) today decided on an additional investment of 28 billion JPY for existing 7th generation production facility expansion. The investment will be funded by S-LCD itself.
S-LCD currently operates with a monthly production capacity of 60,000 panels (7th generation substrates) which are integrated into both Samsung and Sony LCD TVs.The production capacity is already expected to expand to 75,000 panels per month by July 2006. The investment announced today will further increase the capacity by 15,000 panels a month resulting in a 90,000 panel monthly capacity by beginning of 2007.
S-LCD will continue to be a stable amorphous silicon TFT LCD panel production supplier for both Samsung and Sony.
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| [ For referenceFBackground of investment and production capacity ] |
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*Investment announced on November 22nd, 2005 (targeted production capacity from July 2006)
Approx. 100 billion Korean Won (Approx.10 billion JPY) 75,000 panels/month
*Investment announced today, April 19th, 2006 (targeted production capacity from beginning of 2007)
Approx. 222 billion Korean Won (approx.28 billion JPY) 90,000 panels/month
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