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Sony establishes mobile display unit

Posted: 05 Apr 2005 ?? ?Print Version ?Bookmark and Share

Keywords:st mobile display? polysilicon? thin-film liquid? crystal display?

Sony Corp. established ST Mobile Display Corp. (STMD) as its second low temperature polysilicon thin-film liquid crystal display production base to boost panel production.

In January, Sony announced it would acquire Chi Mei Optoelectronics' LCD plant in Yasu, Shiga Prefecture, Japan, for $173 million. The plant was operated by International Display Technology, a Japanese subsidiary of Chi Mei.

Under the deal, Chi Mei has spun off the Yasu operation into a new company, with Sony taking a 80 percent equity position. Toyota Industries Corp., which formed a joint venture with Sony in 1997 to produce low temperature poly silicon LCDs, is taking a 20 percent stake.

Sony will invest about 27 billion yen ($252 million) in the new company, which will produce 550 x 650mm glass substrates. Production is slated to begin April 2006, with capacity expected to ramp up to 25,000 substrates per month.

- Yoshiko Hara

EE Times

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