Reuters: Technology News: Samsung LCD lines hit by brief power outage

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Samsung LCD lines hit by brief power outage Jun 15th 2012, 04:18 Tweet Share this Email Print Related News Samsung Electronics moves CEO, seen grooming next leader Thu, Jun 7 2012 Chip shaker: TSMC, Samsung to flex foundry muscle Sun, Jun 3 2012 Samsung Galaxy S3 gets head start on rival iPhone Tue, May 29 2012 Apple, Samsung CEOs set for court talks Sun, May 20 2012 Apple readies iPhone with bigger screen: sources Thu, May 17 2012 Analysis & Opinion Samsung investors should worry less about Apple Students walk out of a showroom at the headquarters of Samsung Electronics in Seoul October 28, 2011. Credit: Reuters/Jo Yong-Hak SEOUL | Fri Jun 15, 2012 12:18am EDT SEOUL (Reuters) - Samsung Display, a unit of Samsung Electronics Co, said four flat-screen production lines had stopped briefly on Thursday due to a power outage -- a development that may mean sizeable losses. Although production was only halted for 10 minutes, even a short stop can render some panels obsolete. "Samsung may have to report some costs, because around 70 percent of panels which were in the process of production during the blackout become useless," said an analyst who declined to be identified. Shares in Samsung Electronics, tumbled 3 percent in morning trade, underperforming a 0.7 percent decline in the broader market. Samsung, which competes with local rival LG Display and Japan's Sharp Corp, has since restored 60 percent of production and has said it expects the lines to return to full output later on Friday. The lost output, mainly large-sized panels for TVs and computer monitors, is unlikely to have major impact on sales or global LCD market, where supplies are plentiful due to weak consumer demand. The plant in Tangjeong, southwest of Seoul, houses Samsung's most advanced LCD production lines. The four lines have a combined monthly output capacity of 320,000 panels. Its parent Samsung Electronics separated out its loss-making flat-screen business in April to combine it with a more promising AMOLED (active matrix organic light-emitting diodes) flat-screen operation, currently used mainly in high-end smartphones. (Reporting by Miyoung Kim; Editing by Edwina Gibbs) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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