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TI sells LCD IC driver unit to Japan's Oki Electric

Posted: 22 Feb 2005 ?? ?Print Version ?Bookmark and Share

Keywords:oki electronics? lcd? ic driver?

Continuing to narrow its focus on the analog front, Texas Instruments Inc. late Thursday (Feb. 17) said that it has sold its liquid-crystal display (LCD) IC driver unit to Japan's Oki Electric Industry Co. Ltd.

Under the agreement, TI (Dallas) plans to complete the transfer of this Japan-based semiconductor product line to Oki (Tokyo) by the end of March 2005. About 50 employees from TI's operations in Japan will transfer to Oki.

The unit designs integrated circuits that drive LCD displays with a diagonal size of 5 inches or more.

"We believe this transaction will enable TI to continue to sharpen our focus on proprietary analog products. TI will work with Oki to help customers receive seamless support throughout the transition," said C.S. Lee, TI's senior vice president and manager of high-volume analog and logic products, in a statement.

Financial terms of the transaction were not disclosed. The sale does not affect TI's other display products such as plasma display panel drivers, color cell phone driver/controllers and LCD panel timing controllers.

- Mark LaPedus

Silicon Strategies

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