United States: Cooperative Venture in Small and Medium-Size Display Business.Byline: deepak03 Casio Computer Co., Ltd. and Toppan Printing Co., Ltd. Naoki Adachi; hereafter "Toppan Printing") have agreed to the terms of a cooperative venture in the small and medium-size display business, toward the goal of an early shift to mass production of organic light-emitting diode Noun 1. organic light-emitting diode - a self-luminous diode (it glows when an electrical field is applied to the electrodes) that does not require backlighting or diffusers OLED (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. ) displays, which the two companies have jointly developed. Casio will establish a new company for the small and medium-size display business, and transfer a portion of the new company's shares to Toppan Printing. The new company will add the manufacture and sale of OLED displays to Casio's current line-up of small and medium-size thin-film transistor (TFT (Thin Film Transistor) The term typically refers to active matrix screens on laptop computers. Active matrix LCD provides a sharper screen display and broader viewing angle than does passive matrix. See LCD and thin film. TFT - Thin Film transistor ) liquid crystal displays (LCDs), in order to strengthen competitiveness in the small and medium-size display business and to foster new growth. 1. Objectives for Establishment of New Company Casio possesses technologies and facilities related to the small and medium-size TFT LCD (Thin Film Transistor LCD) See LCD. business, as well as TFT technology to drive OLED. Toppan Printing is a leader in the superfine superfine a class of merino sheep with wool finer than that of fine-wool. Usual limit is wool of 18.5 microns or less fiber diameter. fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. technologies based on printing methods that are essential for the manufacture of high-quality OLED displays. The new company will use the technologies of the two parent companies to move toward an early start of mass production of OLED displays that make possible high quality at low cost, and make use of Casio's know-how in the small and medium-size LCD business to develop applications of organic EL displays, with the intention of an early start of sales centering on Casio's existing customers. In addition, in the area of small and medium-size TFT LCDs, the new company will continue the development and sale of high-performance, high-quality products using Casio's Hyper Amorphous Silicon TFT (HAST hast v. Archaic Second person singular present tense of have. )* technology. *Casio's own high-resolution, high-aperture ratio LCD technology. 2. Configuration and Overview of the New Company Casio intends to establish a new 100% wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. by the end of February 2010, and to transfer facilities and personnel involved in Casio's small and medium-size TFT LCD business and OLED development on April 1, 2010 through a spin-off. In addition, all shares in Casio's 100% wholly owned subsidiary Kochi Casio Co., Ltd. (hereafter "Kochi Casio") will be transferred to the new company. Following that, 80% of the shares in the new company will be transferred from Casio to Toppan Printing on the target date of April 1, 2010. Copyright : Euclid Infotech Pvt. Ltd. Provided by Syndigate.info an Albawaba.com company |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion