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LG.Philips LCD Sets New Production and Shipment Record
Jul 29, 2003
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LG.Philips LCD Co., Ltd., a manufacturer of thin-film transistor liquid crystal display (TFT-LCD) technology, announced that it has reached a major milestone with an accumulated production and shipment of 10 million large TFT-LCDs (10 in and above) this year in record time (according to DisplaySearch and other industry analysts). The previous record time for the production and shipment of 10 million large units in the TFT-LCD industry was set last year at 11 months. Breaking the record, the company hit the 10-million unit mark in less than seven months this year. The company attributes this success to the early ramp up and operation of its two fifth-generation production lines, "P4" and "P5." Through early stabilization of its fifth-generation operations, the company said it was able to achieve more than 80-percent production yield rates.

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