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(Nikkei BP Group)

(No.1 High-Tech News Site in Japanese)

  • LG Electronics Opens 17-in. Flat Monitor Plant
  • February 1, 1999 (SEOUL) -- In an effort to become a top global manufacturer of flat braun tube monitors, LG Electronics Co., Ltd. opened a new factory for its 17-in. Flatron monitor.
    LG Electronics introduced the model in May 1998, and plans to produce 1 million units a year at the new plant.

    At present, LG and Mitsubishi Electric Corp. are the only two companies that are equipped to commercially produce flat braun tubes for monitors, staying ahead of other rivals such as Sony Corp. and Samsung Display Devices, said an LG official.

    LG said it will convert its existing braun tube production lines to manufacture the 17-in. flat monitors as well as its 19-in. and 21-in. models during the second half of this year.

    The output ratio for Flatron will take 50 percent of total monitor production by the year 2002, the official said.

    The world flat monitor market, which recorded a mere 50,000 flat monitors last year, is expected to see a sharp rise to 2 million units this year and top 32 million in 2005.

    (Maeil Business Newspaper, Korea)

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    Updated: Fri Jan 29 20:53:21 1999 PDT