Sony and Toyota Industries to integrate LTPS joint ventures
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Sony and Toyota Industries recently announced an agreement to integrate management of their ST Liquid Crystal Display (STLCD) and ST Mobile Display (STMD) joint ventures, and establish a new company effective December 1, 2007. STLCD and STMD currently manufacture low-temperature polysilicon thin film transistor liquid crystal displays (LTPS TFT-LCD) panels for mobile products.
Sony and Toyota Industries established STLCD in October 1997. Responding to additional increases in demand, Sony and Toyota Industries established STMD in March 2005 as a second manufacturing base, achieving further business expansion.
