Joint Venture Contract

24 Jul 2006 07:00

Samsung Electronics Co. Ld24 July 2006 Joint Venture Contract Between Samsung Electronics and Sony Corp. On July 14, 2006, the BOD of Samsung Electronics authorized the Companyto sign a contract with Sony Corp. to manufacture large TFT LCD panels (8thgeneration) at their joint venture, S-LCD. • Details - Purpose: To strengthen competitiveness in the large LCD TV market- Financing: Capital increase of KRW 1.8 trillion(KRW 0.9 trillion for eachcompany) in S-LCD. This information is provided by RNS The company news service from the London Stock Exchange