Cambridge Display Technology and GDesign Technology Sign Agreement To Develop Low-Cost Custom Device Drivers for Accelerated Commercialization of Light Emitting Polymer Displays.Business Editors/High-Tech Writers CAMBRIDGE, U.K.--(BUSINESS WIRE)--Aug. 29, 2002 CDT CDT abbr. Central Daylight Time CDT Central Daylight Time CDT n abbr (US) (= Central Daylight Time) → hora de verano del centro; (BRIT to Transfer Technology to Driver Design House to Expedite Market Development Cambridge Display Technology (CDT) and GDesign Technology today announced a technology transfer agreement designed to advance the commercialization of light emitting polymer See LEP. (LEP (Light Emitting Polymer) An organic polymer that glows (emits photons) when excited by electricity. LEP screens are used to make organic LED (OLED) displays and are expected to compete with LCD screens in the future. See OLED. ) displays. Under the terms of the agreement, CDT will convey relevant know-how on LEP materials performance and LEP device circuit models to GDesign. Through the transfer, GDesign is expected to accelerate its development of low-cost next-generation electronic driver device design for LEP displays and speed the commercialization of ultra-thin, lightweight and low-power LEP displays for electronic products such as mobile phones, PDAs and more. "We are very pleased to have this agreement with GDesign as it represents a continuation of our efforts to grow a mature and robust supply chain to support the commercialization of LEP displays," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. David Fyfe, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CDT. "GDesign is committed to developing a new generation of custom drivers to optimize the performance of LEP displays. It is this commitment and GDesigns' established partnerships with leading semiconductor foundries in Asia that will help to ensure low-cost drivers are available to serve the growing demand for LEP displays in a variety of applications." George Tai, president of GDesign stated: "This agreement further evidences GDesign's strategic commitment to the LEP electronic device driver markets. Our goal is to rapidly turn CDT's technology and know-how into a cost and performance advantage in the market. LEP is the key emerging display technology and, as a result, is central to GDesign's growth strategy." LEP technology utilizes organic materials to generate light with an applied electric current. Because LEPs do not need ambient light to be viewable, they eliminate the cost, space, weight and power consumption associated with backlights needed by LCD displays. The image produced by LEPs has a higher contrast than LCDs and offers a viewing angle of more than 160 degrees. LEP technology offers inherently superior performance, particularly for advanced portable applications that require full color, fast switching speed, high contrast and low-power consumption. Overall, the agreement continues strong momentum for LEPs within the rapidly expanding organic light emitting diode See LED. (OLED (Organic Light Emitting Device, Organic Light Emitting Diode) A thin film light-emitting technology that is expected to compete with LCD and plasma TVs as well as LCD monitors and readouts. ) market, which is expected to grow to $2.8 billion (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) in revenue by 2007. The OLED display market consists of a wide range of electronic products that includes mobile phones, PDAs, digital cameras, camcorders, microdisplays and eventually personal computers and other consumer products. About CDT Cambridge Display Technology (CDT) is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. leading the research, development and commercialization of polymer technology for flat-panel displays, lighting and photovoltaics. CDT's light emitting polymer (LEP) technology is targeted for use in a wide range of electronic display products used for information management, communications and entertainment. Features include reduced power consumption, size, thickness and weight, very wide viewing angle, superior video imaging performance and the potential to produce displays on plastic substrates. To date, licenses have been granted to Delta Optoelectronics, DuPont Displays, MicroEmissive Displays, OSRAM, Philips and Seiko-Epson. CDT is promoting LEP technology development and speeding its commercialization through a global business strategy including co-developments with leading companies in a wide range of display and related technology areas. Founded in 1992, the company has headquarters in Cambridge and has a LEP manufacturing development center in Godmanchester, U.K. In 2002, CDT was awarded Britain's most prestigious engineering prize, the Royal Academy of Engineering The Royal Academy of Engineering is a British learned society concerned with engineering. History Founded in 1976, the Academy was initially known as the Fellowship of Engineering. MacRobert Award for its developments in engineering the rapid commercialization of LEP technology and its contribution to establishing the United Kingdom as a hot bed for innovation in science and engineering on the world stage. More information about CDT is available at: www.cdtltd.co.uk. About GDesign Technology GDesign Technology is a Hong Kong-based fabless semiconductor company A fabless semiconductor company specializes in the design and sale of hardware devices implemented on semiconductor chips. It achieves an advantage by outsourcing the fabrication of the devices to a specialized semiconductor manufacturer called a semiconductor foundry or "fab. that is focused on the global flat-panel display market. Based on its core competence Core competence Primary area of expertise. Narrowly defined fields or tasks at which a company or business excels. Primary areas of specialty. in electronic device driver electronics design and system development, GDesign has just released its first LEP driver. Following the transfer of relevant CDT know-how in LEP materials and display device design and architecture, GDesign expects to rapidly iterate it·er·ate tr.v. it·er·at·ed, it·er·at·ing, it·er·ates To say or perform again; repeat. See Synonyms at repeat. [Latin iter on its current design and expand its development of LEP-specific IP blocs that will form the foundation of its growing LEP IP library. For further information, visit: www.gdesigntech.com. |
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