Samsung Names TFT-LCD Industry Veteran Joe Virginia to Head U.S. Business Division.Business Editors/High-Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--March 24, 2003 Samsung Electronics Samsung Electronics (SEC, Hangul:삼성전자; KSE: 005930, KSE: 005935, LSE: SMSN, LSE: SMSD) is a South Korean multinational corporation and the world's largest and leading electronics and information technology company. Co., Ltd., the world's largest provider of high-quality TFT-LCD TFT-LCD Thin Film Transistor - Liquid Crystal Display panels, today announces the expansion of its senior-level management team with the appointment of Joe Virginia to vice president of sales and marketing for the America region. Mr. Virginia will be responsible for defining and implementing the sales and marketing strategies to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. US market opportunity for Samsung's extensive portfolio of high-resolution TFT-LCD panels, ranging from 1.8 inches for mobile phones to 54 inches for emerging high-definition TVs. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Ross Young Ross Young (born 9 September, 1983) is an Australian rules footballer with the Carlton Football Club in the Australian Football League. Young, a relatively light 76kg but noted as a skilful and intelligent midfielder, played under-18s football for the Bendigo Pioneers, , president of market research firm DisplaySearch, "Our 2002 figures indicate a 51 percent increase in the global TFT-LCD market to $22 billion. With their significant capital expenditure announcements for expanding manufacturing capacity in 2003, Samsung will continue to hold a commanding position. Moreover, the appointment of Mr. Virginia demonstrates a clear commitment by Samsung to continue building a customer service environment that helps customers succeed in the TFT-LCD and the emerging LCD-TV markets." Marketed under the WiseView(TM) brand, Samsung TFT-LCDs have won worldwide customer acclaim for superior viewing angles, rich-vibrant colors, and clarity. Samsung currently holds the number one position in the TFT-LCD market. The company has held its leadership position since 1998 by providing the industry's most reliable and competitively priced products. "The new U.S.-based TFT-LCD vice president position strengthens customer relationships in an important growth market for Samsung," notes H.J. Kim, president of Samsung Semiconductor, Inc. "Joe Virginia's extensive experience in the flat panel display A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time industry, particularly in the TFT-LCD and plasma arena, gives him valuable insight into the market and customer needs--key to the development of programs that grow our business." Joe Virginia comments, "Samsung has all the essential elements in place to deliver sophisticated TFT-LCD technology that people can afford. I'm delighted to leverage my broad experience in business development and the flat panel display industry to help Samsung and its customers drive this technology into offices and homes around the world." Mr. Virginia has 19 years of experience in the flat panel display industry. In addition to his job as vice president of business development at iFire Technology, he spent 14 years at Fujitsu Microelectronics, Inc. as director of flat panel displays. At Fujitsu, he was responsible for commercializing the company's color plasma See plasma display. displays, TFT-LCDs, and projection systems. Virginia holds a bachelor's degree in industrial engineering from Cleveland State University Cleveland State University, at Cleveland, Ohio; coeducational; founded 1964, incorporating Fenn College (est. 1923). The Cleveland-Marshall School of law was incorporated in 1969. . About Samsung Electronics Samsung Electronics Co., Ltd., is a global leader in semiconductor, telecommunication, and digital convergence In the days of the first computers, transaction and company data were the first types of information digitized. Then came text, opening the world to word processing, followed by audio CDs and finally video. technology. Samsung Electronics employs approximately 70,000 people in 87 offices in 47 countries. Samsung Electronics is the world's leading producer of advanced semiconductors, TFT-LCDs, CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. mobile phones, monitors and VCRs. Samsung Electronics consists of four main business units: Device Solution Network, Digital Media Network, Telecommunication Network and Digital Appliance Network Businesses. The Device Solution Network specializes in semiconductor and TFT LCD products for industrial, mobile and advanced computing applications, offering a full line of key solutions of DRAMs, SRAMs, Display Driver ICs, Smart Card ICs, TFT LCD panels and Flash memories. The Device Solution Network operates 11 overseas sales subsidiaries and mass production facilities to maximize on hand customer support. For more information, visit our Web site at http://www.samsungsemi.com Samsung Semiconductor Inc., a wholly owned U.S. subsidiary of Samsung Electronics Co., Ltd., is located in San Jose, Calif. More information can be found at http://www.usa.samsungsemi.com/. Note to editors: a photo of Joe Virginia is available on request. |
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