Samsung And Sony Agree To Establish Additional 8th Generation Line At S-LCD

[The following is a release from Samsung Electronics and Sony Corporation]

April 28, 2008

Samsung Electronics Co., Ltd. and Sony Corporation today announced that they have signed a contract to establish an additional 8th generation amorphous TFT-LCD manufacturing line ("8-2 line") through their joint venture, S-LCD Corporation ("S-LCD"). S-LCD, established in April 2004, started operating its 7th generation line in April 2005 and its first 8th generation line in August 2007 to manufacture and supply TFT-LCD panels for Samsung and Sony. To meet the increase in world demand for LCD televisions, Samsung and Sony had agreed to expand the capacity of the 8th generation line. Total investment for the 8-2 line will be approximately 1.8 trillion KRW (approximately $1.9 billion or 200 billion JPY), to be invested by S-LCD. The 8-2 line is to be built in the Tangjeong Complex, and production is targeted to start in the second quarter of 2009. Production capacity for the new line is expected to be 60,000 sheets per month initially (substrate glass input basis). The size of substrate glass from this line will be 2,200 x 2,500mm. By adding the output of the 8-2 line to that of the current 8th and 7th generation lines in Tangjeong, S-LCD is expected to be a more stable and efficient supplier of large screen LCD panels to Samsung and Sony. (S-LCD Production Line Status) (as of April 25, 2008) -0-

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