Samsung Electronics raises LCD screen production target for Slovak plant |
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Tue, 01 May 2007 00:16
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VODERADY, Slovakia (XFN-ASIA) - South Korean giant Samsung Electronics Co said it intends to produce 12 mln LCD screens a year at the official launch of its 320-mln-eur plant at Voderady, western Slovakia.Samsung originally announced that it would launch production of its new plant in March 2008 with peak output hitting 10 mln screens yearly.Turnover at the new plant will eventually reach around 2.0 bln usd, the company's vice president in charge of projects, Ho Yong Duk, said.'In constructing this plant, we aim to become the leading LCD manufacturer on the regional market,' Samsung Slovakia's Ho Young Lee said.Samsung will directly employ around 1,200 with the total jobs created, including seven subcontractors, rising to around around 4,500.The South Korean company already has a factory in the western Slovakian town of Galanta which produces laser printers, DVD players and computer screens. The company has also sited its European research and distribution center in the town.afp/mas
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Samsung to invest in new Slovakia plant 