STMicroelectronics to Develop &Manufacture LCD Driver ICs for Tecdis, Europe's Largest LCD Display Maker.Business Editors AGRATE, Italy--(BUSINESS WIRE)--February 8, 2000 Agreement calls for ST to join design center in Italy to develop specialized driver chips for small LCDs used in cellular telephones and other portable devices STMicroelectronics has announced the signing of a technical and commercial agreement with Tecdis, Europe's leading manufacturer of Liquid Crystal Displays (LCDs). Under the agreement, STMicroelectronics will join the design center in Chatillon, Valle d'Aosta Valle d'Aosta Autonomous region (pop., 2001 prelim.: 119,356), northwestern Italy. Covering an area of 1,259 sq mi (3,262 sq km), it is enclosed on three sides by the Alps; the capital is Aosta. Originally the territory of the Celtic Salassi, it was annexed by the Romans. , Italy, close to the Tecdis headquarters and main manufacturing plant. The design center was announced by Tecdis and Three-Five Systems (NYSE NYSE See: New York Stock Exchange :TFS TFS The Forum Site (online forum) TFS Team Foundation Server (Microsoft Visual Source Safe) TFS Toyota Financial Services TFS Thanks for Sharing TFS Tactical Fighter Squadron TFS Three-Five Systems Inc. ), a large US-based producer of LCDs, late last year. The center will develop specialized drivers for small LCDs aimed at high growth industrial, telecom and automotive applications. ST will assure production volumes of the resulting integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. , which it will supply to Tecdis and Three-Five Systems and sell on the open market. The first devices are expected to be available in mid-2000. &uot;Through this agreement ST makes a significant entry into a new area for our company - the fast-growing market for chips that drive small LCD displays&uot;, commented Aldo Romano, General Manager of STMicroelectronics' Telecommunication and Peripheral/Automotive Groups. &uot;This new product family complements ST's existing portfolio of differentiated ICs specifically developed for mobile phone applications and reflects our commitment to being a leading supplier to this market.&uot; LCD driver chips produced through this agreement are expected to be used primarily in mobile phones - a market expected to reach 550 million units in 2001 - plus a broad range of other applications, including pagers, automotive displays and printers. &uot;Our relationship with ST gives Tecdis and our new design center access to the silicon design expertise and volume manufacturing capacity of one of the world's leading chip suppliers, allowing us not only to respond to the exploding demand but also to maintain our track record of innovation&uot;, said Ettore Morezzi, President and Chairman of Tecdis. &uot;This agreement is also attuned at·tune tr.v. at·tuned, at·tun·ing, at·tunes 1. To bring into a harmonious or responsive relationship: an industry that is not attuned to market demands. 2. to the participation in the design center of the US-based LCD manufacturer Three-Five Systems, which is already a partner to the new company and with which we have recently also announced a global sourcing alliance. Furthermore, we have the agreement for the participation of FINAOSTA (the Financial Agency of Aosta Valley Region) and the Politecnico of Turin, State University.&uot; About STMicroelectronics STMicroelectronics (formerly SGS-THOMSON Microelectronics) is a global independent semiconductor company, whose shares are traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , on the ParisBourse and on the Milan Stock Exchange Milan Stock Exchange The largest regional stock exchange in Italy, facilitating more than 90% of the country's trading volume. . The Company designs, develops, manufactures and markets a broad range of semiconductor integrated circuits (ICs) and discrete devices used in a wide variety of microelectronic applications, including telecommunications systems, computer systems, consumer products, automotive products and industrial automation and control systems. Further information on ST can be found at www.st.com. About Tecdis Tecdis S.p.A. designs and manufactures liquid crystal display (LCD) modules for OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and customers in the telecommunications, industrial, automotive and consumer marketplaces. Tecdis has manufacturing operations in Italy and Spain and is a leading manufacturer of passive matrix LCDs in Europe with annual sales in excess of $80 million. At its Chatillon, Aosta Valley, headquarters in Italy and its fully owned subsidiary Dicryl (which in 2000 will become Tecdis Display Iberica) in Valladolid, Spain, Tecdis offers LCD manufacturing and high tech capability in the traditional passive matrix display (hardware) passive matrix display - A type of liquid crystal display which relies on persistence to maintain the state of each display element (pixel) between refresh scans. technologies, in addition to ECB See electronic code book. and Filter CSTN (Color STN) A color passive matrix screen technology developed by Sharp Electronics. CSTN displays have improved dramatically over the years and cost more than half that of an active matrix (TFT) display. See passive matrix. color solutions. The company's web site is located at www.tecdis.com. About Three-Five Systems Three-Five Systems, Inc. designs and manufactures liquid crystal display (LCD) modules for OEM customers in the communications, medical electronics, industrial process control, wireless data collection and office automation marketplaces. Three-Five has manufacturing operations in Asia and the United States. At its Tempe, Arizona headquarters in the United States, Three-Five operates the highest volume LCD manufacturing line in North America and a R& laboratory dedicated to advanced display technologies. The company has developed three proprietary display technologies: LCiD(TM) (Liquid Crystal intense Display); LCaD(TM) (Liquid Crystal active Drive); and LCoS(TM) (Liquid Crystal on Silicon Liquid crystal on silicon (LCOS or LCoS) is a "micro-projection" or "micro-display" technology typically applied in projection televisions. It is a reflective technology similar to DLP projectors; however, it uses liquid crystals instead of individual mirrors. ) microdisplays. The company's web site is located at www.threefive.com. |
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