Samsung Electronics is hoping to consolidate its position in the LCD market with the opening of a factory in China. The Korean electronics giant has begun work on a 100,000 sq meter TFT-LCD factor in Suzhou in Jiangsu province, China, which will produce around 160,000 modules a month, when it opens in the second half of next year.

The TFT market finally appears to be reaching critical mass, following several years of heavy investment by Far Eastern manufacturers. Earlier this week research firm Displaysearch predicted that revenues from LCD screens would outstrip CRT revenues this year, and that LCD unit volumes would move past CRT volumes in 2004.

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