Compaq Creates Global Partnership with Mitsubishi Electric and Advanced Display Inc. to Develop Leading-Edge, Flat-Panel Technology.HOUSTON--(BUSINESS WIRE)--Jan. 27, 1997-- LCD Panel Also called a "projection panel," it is a data projector that accepts computer output and displays it on a see-through liquid crystal screen that is placed on top of an overhead projector. See data projector. Technology to Drive Monitor Industry into 21st Century Editors' Summary --Relationship marries Compaq's knowledge of customer requirements, Mitsubishi Electric's flat-panel technology research and development, and Advanced Display's quality motherboard Also called the "system board," it is the main printed circuit board in an electronic device, which contains sockets that accept additional boards. In a desktop computer, the motherboard contains the CPU, chipset, PCI bus slots, AGP slot, memory sockets and controller circuits for the glass. --Compaq aims for leadership position in flat-panel displays flat-pan·el display n. A thin lightweight video display used in laptop and notebook computers and employing liquid crystals, electroluminescence, or a similar alternative to cathode-ray tubes. Also called flat screen. via its new partnership with Mitsubishi Electric Mitsubishi Electric Corporation (三菱電機株式会社 and Advanced Display Inc. In a move to provide its customers with leading-edge technology in flat-panel displays, Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees. Quarterly sales $2499M, profits $210M (Aug 1994). http://compaq.com/. (NYSE NYSE See: New York Stock Exchange : CPQ CPQ Compaq CPQ Conseil du Patronat du Québec (Canada) CPQ Configure-Price-Quote CPQ Conseil de Presse du Québec (Québec Press Council, Canada) CPQ Companion Parrot Quarterly ) today announced that it has entered into strategic relationships with two renowned suppliers to develop flat-panel monitors. Compaq will join efforts with award-winning monitor provider Mitsubishi Electric -- and its subsidiary -- Advanced Display Inc. to develop displays to be available worldwide later this year. The partnership with Mitsubishi Electric and Advanced Display Inc. -- of which the leading-glass supplier Asahi Glass is a 20 percent shareholder -- will allow Compaq to offer one of the industry's lowest total cost of ownership in flat-panel monitors. The initial target markets will be the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and healthcare industries which place a premium on saving valuable desktop space without sacrificing the readability of large viewing areas. Flat panels will offer users a dramatic leap beyond current monitors in minimizing size while maximizing flexibility and lowering power consumption. The unique partnership effectively positions Compaq as a leader in driving down prices and increasing flat-panel display features, functionality and leading-edge technology. The Compaq LCD monitor A flat panel display that uses liquid crystals. Although laptops have used LCDs as their flat panel technology almost exclusively, LCD is also the most popular for flat panel desktop monitors. Toward the end of 2003, sales of LCD displays for desktops overtook CRTs for the first time. will be aggressively poised to lead the flat-panel industry, which is expected to be a technology driver into the 21st century. Compaq is the number-one branded monitor supplier worldwide (a). "We've spent a great deal of time talking with our largest accounts and potential customers to understand their specific display needs," said Jerry Meerkatz, Vice President, PC Options Division, Compaq. "The relationship with Mitsubishi Electric and Advanced Display Inc. uniquely positions Compaq to bring to market a product that provides the latest technology and exceeds customer requirements -- all at a very competitive price." Takashi Miyata, General Manager, Display and Imaging Devices Division, of Mitsubishi Electric added, "Our leadership in the flat-panel research and development area, combined with Compaq's unparalleled knowledge of customer requirements and its relationships with significant, worldwide corporations, makes this a perfect marriage." Compaq's heritage with flat-panel displays for the portables market, as well as its recent consumer desktop flat-panel entry with the Presario 3020, provides a strong foundation from which to provide specific customers with specialized display solutions. Niche markets A niche market also known as a target market is a focused, targetable portion (subset) of a market sector. By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. seek flat-panel monitors for the videoconferencing A real time video session between two or more users or between two or more locations. Although the first videoconferencing was done with traditional analog TV and satellites, inhouse room systems became popular in the early 1980s after Compression Labs pioneered digitized video systems , full-motion video Video transmission that changes the image 30 frames per second (30 fps). Motion pictures are run at 24 fps, which is the minimum frequency required to eliminate the perception of moving frames and make the images appear visually fluid to the eye. capabilities and the ability to view multiple windows. Financial services users, such as stockbrokers -- who traditionally need up to three monitors -- will benefit from the display's thin, sleek design, allowing it to be placed in areas not possible with traditional monitors. Additionally, industries such as healthcare look to flat-panel displays because they do not present magnetic interference with medical equipment. "The introduction of flat-panel monitors to our business will allow us to provide maximum flexibility in the organization of our trading floor and will provide us with the features we demand to stay competitive," Peter Golden of Barclays de Zoete Wedd Ltd (BZW BZW Beziehungsweise (German: Respectively) BZW BZFlag World (file format/extension) BZW Blizzard Warning BZW Barclays der Zoete Wedd ), the UK-based global investment bank of the Barclays Group. "We have extensively researched flat-panel displays from a variety of vendors, and in the end, we agree that the Compaq large-screen, LCD monitor will provide us with an extremely capable and highly competitive flat-panel solution." Supporting the Compaq reputation for delivering award-winning displays, the new LCD monitors will offer optimum resolutions, crisp text, rich color quality, and cutting-edge technology, providing customers an unparalleled combination of quality and features available. Company Backgrounds Compaq Computer Corporation Compaq Computer Corporation, a Fortune 100 company, is the fifth largest computer company in the world and the largest global supplier of personal computers, delivering useful innovation through products that connect people with people and people with information. The company is an industry leader in environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] programs and business practices. Compaq is strategically organized to meet the current and future needs of its customers, offering Internet and enterprise computing Refers to information technology in the larger company. See enterprise data and enterprise networking. solutions, networking products, commercial PC products and consumer PCs. As the leader in distributed enterprise solutions, Compaq has shipped over a million servers. In 1996, the company reported worldwide sales of $18.1 billion. Compaq products are sold and supported in more than 100 countries through a network of authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: Compaq marketing partners. Customer support and information about Compaq and its products can be found at http://www.compaq.com or by calling 1-800-OK-COMPAQ. Product information and reseller locations can be obtained by calling 1-800-345-1518. Mitsubishi Electric Mitsubishi Electric is a global leader in information technology, telecommunications, electronic systems and devices, as well as industrial and consumer products. Its operations in Japan are comprised of 60 facilities that employ approximately 112,000 people. Outside of Japan, Mitsubishi Electric's international subsidiaries employ nearly 34,000 employees working in over 120 facilities around the world, including 30 that are operated by Mitsubishi Electric America, Mitsubishi Electric's largest subsidiary. -0- a)Source: Dataquest, 1996 Compaq, Registered U.S. Patent and Trademark Office. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. CONTACT: Compaq Computer Corporation Rebecca Nahas 281-514-0484 rnahas@bangate.compaq.com or Miller/Shandwick Technologies Jessen Wehrwein 617-536-0470 jwehrwein@miller.shandwick.com |
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