 (Nikkei BP Group)
 (No.1 High-Tech News Site in Japanese)
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Daewoo Electronics to Join World TFT-LCD Market
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October 29, 1998 (SEOUL) -- Daewoo Electronics Co., Ltd. said it will
enter the world's thin-film transistor liquid-crystal display (TFT-LCD)
monitor market starting in 1999.
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The company said it expects the TFT-LCD market will grow at an annual
rate of 50 percent from 1999 to the year 2003, and it anticipates the
current oversupply in the market will turn a new leaf soon.
In the first quarter of 1999, Daewoo plans to set up a new production
line for TFT-LCD monitors with an annual production capacity of 100,000
units at its plant in Kumi, southern Korea, a company official added.
Recently, Daewoo independently developed a 15.1-in. TFT-LCD monitor that
cuts energy consumption by a third compared to other similar products,
the official noted.
(Maeil Business Newspaper, Korea)
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