ST Liquid Crystal Display Corporation (ST-LCD), a joint venture company established by Sony Corporation and Toyoda Automatic Loom Works, is to spend 75 billion yen to establish a second production line for the manufacture of low temperature polysilicon thin film transistor liquid crystal display (TFT LCD) panels.
As a result, ST-LCD’s production capacity will increase from 12,000 units/month to 32,000 units/month in 2002.
This will be accompanied by an additional investment from Sony and Toyoda Automatic Loom Works of 20 billion yen in ST-LCD.
Since the beginning of full-scale production in April 1999, ST-LCD has been expanding its production capacity to meet demand, and is now operating at full capacity. Several customers including Sony are now using the finished panels for digital still and video camera applications.
A promising application for the new displays is in the area of wide-band mobile phones. As mobile phones become capable of exchanging large content files such as video and still image data, demand for colour display panels will increase drastically.
In 2005, it is expected that some 600 million mobile phones will be equipped with colour display panels. ST-LCD expects that the resulting demand will provide a lucrative business opportunity.