Korean electronics giant Samsung will start producing commercially a new line of LCD panels. This new production line should become active as of April, next year. With this new factory put to use, Samsung hopes that the price for LCD panels will decrease even more.

The new factory is situated in Tangjung, South Korea, next to a similar factory that began operating this April and is owned by S-LCD, joint venture of Samsung and Sony. Similar to like this factory, the new line of production will focus on 40-inch and 46-inch LCD panels for television sets.

As it will go literally into production, this new factory will process around 45,000 sheets of mother glass per month, but gradually, the production will reach processing double that quantity. This will most likely happen when phase two of the facility comes online in the second half of 2006.

Samsung has invested $2.3 billion in phase one production on its new line and will invest a further $1.7 billion in bringing phase two on stream, according to the company.

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