Saturday, August 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
G.Skill Ripjaws DDR4 Will Be Available Up to DDR4-3200
Could Amazon Challenge Google's Ad Business?
German Regulator Will Pursue Complaint Against Publishers
IBM Tries To Strengthen Its Presence In China With Local Vendor Deal
Demand For iPhone 6 Screens Add Perssure To Supply Chain
Intel Highlights Its Wireless Computing Plans
Ouya Parners With Xiaomi On Games
Sony Offers New Smart Tennis Sensor
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

Monday, April 26, 2010
Toshiba To Sell Stake In Flat Panel Display To AU Optronics


Toshiba Corp. said Monday it has signed a contract to sell its overseas liquid crystal display panel manufacturing unit to Taiwan's AU Optronics Corp., the last stage in its plan to discontinue overseas production of LCD panels.

Toshiba will transfer to AUO all shares in its wholly owned subsidiary AFPD PTE., LTD. (AFPD), a manufacturer of LCD displays for PCs. The agreement follows on from a memorandum of understanding (MOU) signed by the companies at the end of March, 2010. Under the terms of the definitive agreement, TMD plans to transfer all shares of AFPD to AUO on July 1, 2010.

TMD will concentrate management resources on its manufacturing facilities in Japan, the company said. These produce displays for mobile devices, including mobiles phones and smartphones, and for automotive applications, such as car navigation. TMD will also continue to implement restructuring initiatives to return its LCD business to the path of sustained growth with profit.

The Japanese electronics maker said it expects to book a Y16 billion special loss in the fiscal year ended March due to the sale, but said it will not change its earnings forecast as a result.


Previous
Next
x264 Software Offers Free Blu-ray Encoding        All News        Yahoo! Services to Be Pre-loaded on Samsung Mobiles
Toshiba Develops 21-inch Autostereoscopic High-definition Display     Consumer Electronics News      Panasonic VIERA VT25 Series Of Full HD 3D Plasmas Expected at Retail in Early May

Get RSS feed Easy Print E-Mail this Message

Related News
Toshiba Responds To Samsung, Introduces 3-Bit SSD
Toshiba's New Wearable Wristband Fitness Tracker Runs Two Weeks without Recharging
Toshiba Launches 8 Megapixel CMOS Image Sensor for Smartphones
Toshiba Launches 5TB Surveillance HDD
Toshiba to Release Wearable Biological Sensor
Toshiba Introduces Storage Place Solution
AUO to Launch High Resolution Mobile Device Panels at SID Display Week
Toshiba Brings Suit Against Powerchip for NAND Flash Memory Patent Infringement
Toshiba Debuts the Satellite Radius Multimode Laptop, New Detachable Notebooks And Windows 8.1 Tablets
Toshiba Announces 5TB, 7,200 RPM Enterprise HDD
SanDisk and Toshiba License Memory Technology IP
Toshiba to Start Vegetable (!) Production at New Factory

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 .