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Toshiba-Matsushita joint LCD venture to start operations in April

Posted: 01 Feb 2002 ?? ?Print Version ?Bookmark and Share

Keywords:toshiba? matsushita electric? toshiba matsushita display technology? tft-lcd? stn-lcd?

Toshiba Matsushita Display Technology Co. Ltd, a newly established joint venture between Toshiba Corp. and Matsushita Electric Ind. Co. Ltd, will start operations on April 1, 2002. The joint venture will develop, manufacture and market low-temperature polysilicon TFT-LCDs, amorphous TFT-LCDs, STN-LCDs and OLED displays. It also plans to develop high-density mounting technology.

Toshiba Matsushita Display will be based in Minato-ku, Tokyo and will employ about 2,900 employees. It has a startup capital of about $74.9 million, with sales forecast at about $2.5 billion for its first fiscal year ending March 31, 2003.

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