Friday, April 18, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
HTC Hired Ex-Samsung Marketing Officer
Xbox One Wolrdwide Sales Cross 5 million
Samsung Works With GLOBALFOUNDRIES On 14 nm FinFET Offering
Facebook To Find Nearby Friends
Console Sales Lift AMD's First Quarter Results
LG Expands 'Second Screen' TV Ecosystem With Open-Source SDK
Amazon Announces Kindle Service For Samsung Devices
Nokia Halts Sales Of Lumia 2520 Tablet
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > Consumer Electronics > Toshiba...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, April 01, 2009
Toshiba and Panasonic Agree on LCD Joint Venture Transfer


Toshiba and Panasonic announced that today the two companies have signed a share transfer agreement under which Toshiba will acquire all of Panasonic's shares in Toshiba Matsushita Display Technology Co., Ltd. (TMD).

TMD is a joint venture that develops, manufactures and sells liquid crystal displays (LCDs) and organic light emitting displays (OLEDs). The share transfer is scheduled to take place on April 28, the companies said.

After completion of the share transfer transaction, TMD will become a wholly-owned subsidiary of Toshiba Group, and will change its name to "Toshiba Mobile Display Co., Ltd."

Established in 2002, TMD is an industry leader in small- and medium-sized LCDs for application in such products as mobile phones, portable PCs and in-vehicle displays. However, the company is now facing a very tough business environment: weak demand that is sharply down from last year, and continuous price erosion in small- and medium-sized LCD panels. In these circumstances, and as part of the Action Programs to improve profitability announced by Toshiba this January, TMD is now implementing restructuring initiatives in its LCD business, including closing certain manufacturing lines.

Looking to the future, TMD aims to establish OLEDs as an engine for growth and to enhance its display business in the medium- to long-term.


Previous
Next
Super Talent Develops 2048 GB PCIe RAID SSD with 1.3 GB/sec Throughput        All News        Lite-On Releases iHES208 8X Blu-ray Disc Combo
Sony Ships Ultra-slim HDR-TG5V HD Camcorder     Consumer Electronics News      Samsung Announces Availability for Its Next Generation LED HDTVs

Get RSS feed Easy Print E-Mail this Message

Related News
Toshiba Debuts World's Fastest microSD Memory Cards
Toshiba 4K Ultra HD Laptop Retails For $1500
Toshiba to Launch 40-inch 4K TV
Toshiba Introduces Its own Application Processor For Wearables
Toshiba Launches Interface Bridge ICs that Supports SeeQVault Content Security Technology
Toshiba Self-encrypting HDD Meets Government-class Security Requirements
Toshiba Canvio Wireless Adapter Transforms External Hard Drives Into NAS Devices
Toshiba To Ship New 4K Laptops Later This Year
Toshiba Develops Medical Breath Analyzer
Toshiba And GLOBALFOUNDRIES To Work Together On FFSA Manufacturing
Toshiba Sues SK Hynix For Leaking NAND Technology IP
Toshiba Launches 15,000 RPM Enterprise HDDs

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .