KYOCERA to Acquire TFT Liquid Crystal Display Design &
Acquisition brings strategic expansion to Kyocera’s LCD product line
31 March 2010
March 31, 2010 Kyocera Corporation (President: Tetsuo Kuba; herein “Kyocera”) today announced that it has reached a definitive agreement with Sony Corporation and its subsidiary Sony Mobile Display Corporation (herein “SMD”) to acquire part of its Thin Film Transistor (TFT) Liquid Crystal Display (LCD) design and manufacturing business. The acquisition will be undertaken by means of a corporate split, where Kyocera will acquire the TFT LCD facilities of SMD located in Yasu City, Shiga Prefecture, Japan, effective June 1, 2010. Existing employment contracts will be assigned to Kyocera and employees transferred on the same date.
Kyocera’s Corporate Thin Film Components Group develops, manufactures and markets small- and medium-sized (under 10.4 inch) LCDs for industrial applications worldwide. The company is known as a stable supplier of STN (passive) and TFT (active) LCDs, with strong capabilities in accommodating specific customer requirements, even in low-volume orders.
Strong growth in demand for more cost-competitive, larger, higher resolution industrial-use TFT LCDs is expected to continue. The acquisition of SMD’s TFT LCD business is intended to strengthen Kyocera’s ability to respond to this growth.
This acquisition will enable Kyocera to expand its diverse TFT LCD line with products of even higher added value to meet a wider range of customer needs.
- Press Release (pdf) (372.57 KB)
- KYOCERA Announces Resolution of Patent Infringement Lawsuit Against Hanwha Q CELLS Japan Co., Ltd.
- KYOCERA Group to Exhibit “Future Technologies for 2020” at CEATEC JAPAN 2015 Tradeshow Oct. 7-10
- KYOCERA exhibits its latest innovations in the cutting tools sector at EMO Milan 2015
- KYOCERA “Eco-Lessons” Reach More Than 100,000 Primary School Children in Japan & China
- KYOCERA Develops one of the World’s Fastest 360dpi Recirculating Inkjet Printheads
- KYOCERA Announces Result of Tender Offer for Shares of Nihon Inter Electronics Corporation
- Kyocera introduces new touch feeling technology for real button feeling
- KYOCERA Solar Lights Up Arco Metropolitano, Brazil’s Largest Solar-Powered Highway
- Optimise your photovoltaic system’s efficiency all year round
- New KYOCERA multifunction devices secure Blue Angel Standard
- KYOCERA introduces New Wide Screen TFT-LCD for Industry Applications
- KYOCERA’s Recrystallized Blue Sapphire Sparkles in New CASIO OCEANUS Watch Design
- KYOCERA launches new industrial cutting tool: MFH mini is a small-diameter, high-feed endmill
- Abandoned Golf Course in Kyoto Prefecture, Japan to be Repurposed with 23-Megawatt Solar Power Plant from KYOCERA TCL Solar LLC
- KYOCERA Appoints Oscar Sanchez As Executive Vice President
Manager Corporate Communications