Friday, January 30, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Closes the Gap on Samsung Fourth Quarter's Worldwide Smartphone Shipments
Verizon To Let USers Opt Out Supercookies
Microsoft Outlines Windows 10 Options For The Enterprise
Jolla Tablet Returns to Indiegogo With A 64GB Version
BT Sees Ultrafast Broadband Not Coming Earlier Than 2025
Google To Change Privacy Policy After UK's Watchdog Investigation
HDDs Shipments Increased In 2014
FCC To Fine AT&T For Unathorized Operation Of Wireless Stations
Active Discussions
Writing Audio files on DVDs ?
Need major help with Gigabeat
New match-3 puzzle game launch now!
Rimage 2000i
Sound card for my Laptop
hello
full screen wide screen
Hi
 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
Compal To Take Over Toshiba's TV Business
Toshiba Reorganization to Strengthen IoT-Related Business
Toshiba Develops Cloud System for Instantaneous Remote Control of One Million Devices
Toshiba Launches NFC Built-in SDHC Memory Card
Toshiba Launches 3TB 2.5-inch HDD, Showcases First PCIe Single Package SSD
Toshiba Adds New Models To Click and Encore Families
Toshiba Develops Glasses-Free UHD 2D-3D Switching Display
IHI and Toshiba to Demo Ocean Current Power Generation System
Toshiba and SK Hynix Reach Settlement in Lawsuit Ahead Of CES
Toshiba Announces 6TB Enterprise Capacity HDD Models
Toshiba's New Canvio AeroCast Wireless HDD Lets You Play Digital Content On Your TV
Toshiba Expands Line-up of Enterprise SSDs

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .