Philips FDS Enters Into Co-development Agreement With Hana MicroDisplay to Manufacture LCoS Panels.Business Editors
SAN JOSE San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Feb. 28, 2000
Agreement Demonstrates Philips FDS' Commitment to Commercialize
This Breakthrough Technology and Enhance the Company's
Broad Portfolio of Advanced Display Solutions
Philips Flat Display Systems (FDS FDS Fim-De-Semana (Portugese: weekend)
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FDS Fiche de Données de Sécurité (Material Safety Data Sheets)
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FDS Faculty of Dental Surgery ), one of the world's largest suppliers of active matrix liquid crystal displays liquid crystal display (LCD)
Optoelectronic device used in displays for watches, calculators, notebook computers, and other electronic devices. Current passed through specific portions of the liquid crystal solution causes the crystals to align, blocking the passage of light. (AMLCDs) and a business group of Royal Philips Electronics of the Netherlands, today announced it has entered into a co-development agreement with Hana MicroDisplay Technologies, Inc. (HMTI HMTI Heat and Mass Transfer Institute
HMTI Hazardous Misleading Terrain Information ), Twinsburg, Ohio Twinsburg is a city in Summit County, Ohio, United States, a suburban city about halfway between Akron and Cleveland. The population was 17,006 at the 2000 census. Geography
Twinsburg is located at (41.324122, -81. , to manufacture liquid-crystal-on-silicon (LCoS) panels.
LCoS is a new breakthrough projection display technology targeted for use in large-scale consumer and business applications, including desktop monitors, multimedia projectors and large screen televisions. Philips FDS and several other of today's leading display manufacturers around the world are aggressively looking at ways to commercialize this technology as it potentially offers tremendous advantages in terms of picture quality, resolution and cost.
LCoS as a technology, however, is still facing several challenges, which it has to overcome in order to acquire acceptance as a mainstream display technology. Therefore, Philips FDS and HMTI have decided to join efforts in developing LCoS manufacturing processes. Under the terms of the agreement, Philips FDS and HMTI will collaborate on the manufacture of LCoS panels at HMTI's 18,000-square-foot advanced LCoS manufacturing facility in Ohio. Key to the agreement, both parties will work closely together, sharing proprietary display specifications and manufacturing and process expertise to cost-effectively produce high-quality LCoS panels.
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1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. Wald Siskens, general manager of Philips FDS' LCoS group, the agreement with HMTI is the latest in a series of steps Philips FDS has undertaken to further the company's efforts to be at the forefront of display innovation. "By partnering with HMTI, we hope to accelerate our progress toward successfully bringing this exciting display technology to market, thereby expanding our suite of cutting-edge display solutions. HMTI's ability to manufacture LCoS panels -- reliably and cost effectively -- were significant factors leading to this agreement. By utilizing HMTI's established manufacturing facility, rather than building our own facility, we can focus our resources on the other critical design factors necessary to commercialize this breakthrough technology."
"HMTI is pleased to announce the signing of the co-development agreement with Philips FDS," said Luc Bauer, HMTI president and 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. . "It will allow a much quicker introduction of leading LCoS products to market by combining the unique skills of Philips FDS' research and development resources with HMTI's state-of-the-art manufacturing capabilities in Ohio."
Hana Microdisplay Technologies, Inc. http://www.hanagroup.com/h_hmti.htm provides world-class microdisplay foundry services and advanced development activities from its facilities in Ohio. Its "open fab" business model allows HMTI to provide to its customers the highest possible quality and cost effective manufacturing services, using the best available technologies in the microdisplay industry. HMTI is a member of the Hana Microelectronics Group http://www.hanagroup.com, one of the world's leading "Electronic Manufacturing Service" corporations providing IC packaging and microelectronics assembly and test services in many locations around the world. Hana Microelectronics is listed on the Securities Exchange of Thailand Securities Exchange of Thailand (SET)
The only stock market in Thailand, based in Bangkok. under the symbol (HANA).
Philips Flat Display Systems (FDS) manufactures and markets state-of-the-art flat panel displays including passive and active matrix LCD and Polymer LED See OLED. products. A full line of display panels is available for desktop monitor, industrial, automotive, telecommunications, hand-held and medical system applications. Through its joint ventures -- LG.Philips LCD LG.Philips LCD (hangul:엘지필립스엘씨디, LG필립스LCD) was formed as a joint venture by the Korean electronics company LG Electronics and the Dutch company Koninklijke Philips Electronics in 1999 to manufacture active and Hosiden and Philips Displays (HAPD) -- Philips FDS is one of the world's largest AMLCD (Active Matrix LCD) See active matrix. manufacturers. Philips FDS is part of Philips Components, a division of Royal Philips Electronics of the Netherlands. Philips FDS is headquartered in San Jose, Calif., and maintains facilities throughout Europe, the Americas and Asia-Pacific.
Royal Philips Electronics of the Netherlands is one of the world's biggest electronics companies and Europe's largest, with sales of EUR EUR
In currencies, this is the abbreviation for the Euro.
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. 31.5 billion in 1999. It is a global leader in color television sets, lighting, electric shavers, color picture tubes for televisions and monitors, and one-chip TV products. Its 226,900 employees in more than 60 countries are active in the areas of lighting, consumer electronics, domestic appliances, components, semiconductors, medical systems, and IT services (Origin). Philips is quoted on the NYSE NYSE
See: New York Stock Exchange (symbol: PHG), London, Frankfurt, Amsterdam and other stock exchanges. News from Philips is located at www.news.philips.com.
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