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Toshiba-Matsushita JV to develop OLED displays

Posted: 24 Jul 2008 ?? ?Print Version ?Bookmark and Share

Keywords:OLED display? mobile device? LCD?

A Toshiba Matsushita Display Technology Co. spokesman disclosed that the company will comment producing OLED displays for mobile devices by 2H 09, according to an Associated Press report.

The joint venture company of Toshiba Corp. and Matsushita Electric Industrial Co. plans to invest about $140 million to make small and medium-size OLED displays, spokesman Toshiyuki Yoshida said.

Yoshida said the investment is in anticipation of a move to the new technology from the more common LCDs. The displays panels planned at JV plant are targeted for cellphones and mobile devices and will not be used in TVs, Yoshida added.

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