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Optoelectronics/Displays??

Seiko Epson, Sony: soon-to-be LCD allies

Posted: 16 Mar 2009 ?? ?Print Version ?Bookmark and Share

Keywords:LCD alliance? Seiko Epson business? agreement alliance?

Seiko Epson Corp. and Sony Corp. will begin discussions about an alliance in the field of small- and medium-sized LCDs, including the transfer of a part of business assets of Seiko Epson to Sony. The parties hope to enter into a legally-binding definitive agreement by the end of June 2009.

To date, Epson Imaging Devices Corp., a subsidiary of Epson, has implemented a series of restructuring measures in its small- and medium-sized LCD business. At the same time, Epson Imaging has endeavored to shift its product portfolio while developing original HD and ultra-wide viewing angle technologies, based on its amorphous silicon TFT and low-temperature polysilicon (LTPS) TFT technologies. An alliance with Sony would enable Epson Imaging's LCD technology and amorphous silicon TFT production capability to be fully used, and broader customer demands to be satisfied.

In its small- and medium-sized LCD business, Sony is focusing on LTPS-TFT LCD. To accelerate the development and commercialization process, Sony has also decided to consolidate its resources within its subsidiary, Sony Mobile Display Corp., resulting in a unified operation containing development, design and production to realize a stronger business structure. Through the contemplated alliance, Sony aims to increase the competitiveness of its small- and medium-sized LCD business by incorporating Epson's wide range of technologies, in particular Epson Imaging's amorphous silicon TFT technology, and LCD product designs and production capabilities.





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