<FONT face=Arial size=2>Still waiting for LCD prices to fall? Well we all just got one step closer as LG.Philips LCD today announced investment in its
seventh generation TFT-LCD fabrication plant, 'P7', which will be the first TFT-LCD fabrication plant in Korea's Paju Display Cluster. </FONT><FONT face=Arial size=2>LG.Philips LCD plans to begin ramping-up 'P7' in the first half of 2006. Initially, LG.Philips LCD will implement a production capacity of 45,000 input sheets per month, gradually ramping-up to full production of 90,000 input sheets per month.</FONT>
<P><FONT face="Arial, Helvetica, sans-serif" size=2>'P7' will use 1950 x 2250mm glass substrates in the production of 42-inch and 47-inch wide TFT-LCDs, as well as other large and wide displays used primarily for flat TVs and large monitors. It would appear that as the number of factories, and thus production efficiency, increases, the prices on LCD TVs will continue to drop, allowing LCD to more quickly become the new affordable standard in televisions. When that exact time comes is anyone's guess... I'm putting my money on 2008.</FONT></P>
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