Wednesday, December 10, 2008

Samsung is going solar

Like it or not here it comes


SAN FRANCISCO, Calif. — With growth in flat-panel TV sales declining, LCD makers at Samsung are seeing solar and immersive displays as two of the most promising drivers of future demand. Meanwhile, the company is shifting its LCD business into survival mode for the downturn with a new focus on cost-effective products.

A Samsung executive said the company's move into large scale production of solar photovoltaic panels may be "almost inevitable." Samsung saw industry growth in flat-panel TVs—the biggest market for LCDs--trending down to single digits even before the economic downturn in September.

"It may be even worse now," said Jun-Hyung Souk, executive vice president of Samsung's display R&D center. "We have to do something for 2010 and beyond to create the next growth engine," he said speaking at an annual Samsung tech forum here.

Over the last 18 months, Samsung has assembled a large R&D group for solar panels. The company may start by producing bulk crystalline panels because newer thin film technologies may require another two years or more of research.

1 comment:

Weide said...

I guess the next generation of electronic devices run on solar cell.

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