Samsung looks to do $20 billion in LCD sales by 2010

Samsung's got big plans for the next few years and they let their investors know during Analyst Day. At the center of their plan to become one of the top three electronics companies in quantity and quality by 2010 is "leading the digital convergence revolution".

That means moving a lot of of chips from their fabrication plants, doing $20 billion in sales of LCD screens by 2010, and $30 billion dollars in digital consumer sales by 2008. Digital TV's and next generation displays are two of the eight growth areas they have identified for that timeframe.

Whether or not you're a Samsung stockholder, it is good to see that they understand we as consumers want (digital convergence, let me enjoy my high quality content when and how I want to), whether or not they will be able to deliver that is a multibillion-dollar bet.

 

Recommended