Toshiba-Matsushita invest 140 mln to mass produce 2.5 inch OLED Displays

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Toshiba-Matsushita invest 140 mln to mass produce 2.5 inch OLED Displays

Posted July 22nd, 2008 by admin

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Toshiba Matsushita Display Technology Co. plans to launch mass production of small, high-image-quality OLED display panels by building production lines at its Ishikawa Prefecture factory by the autumn of 2009.

Toshiba Matsushita Display Technology Co, 60-percent owned by Toshiba and 40-percent by Matsushita, plans to invest about 15 billion yen ($140 million) by late 2009 to make the equivalent of 1 million 2.5-inch panels a month, a spokesman of the joint venture said.

The development for the 2.5 inch OLED panels could be for cellphones, GPS navigators, and other handhelds. This screen size can also be used in the Apple iPod callis and Zune 80.