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Diguang alliances with LCD TV maker in LED backlight tech

Posted: 08 Sep 2006 ?? ?Print Version ?Bookmark and Share

Keywords:Diguang International Development?

Diguang International Development Co. Ltd has entered into an agreement with a major Chinese LCD TV producer to co-develop key technology for the systematic application of LED backlights to LCD TVs.

The parties to the agreement will jointly bid on key semiconductor-related projects under the present five-year plan of the Chinese government in the expectation that, if successful, they will receive government funding and become eligible for other favorable policies. The non-exclusive relationship under the agreement will also lead to commercial orders for Diguang's LED backlights from the LCD TV producer.

''Our LED backlight technology can take LCD TVs to the next level,'' said Yi Song, Diguang's chairman and CEO, in a statement. ''Recent trends indicate both the technological and commercial merits of these solutions. The cooperative efforts under this new arrangement will accelerate our efforts to commercialize LCD TVs with LED backlights and gain first-mover advantage in this new field.''

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