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)
Contact for journalists
Manager Corporate Communications
Contact for product information
- KYOCERA Introduces Irish Claddagh Ring Designed by Paul Costelloe, Using Hypoallergenic COBARION
- KYOCERA Receives Japan Environment Minister’s Award for Record 8th Consecutive Year
- KYOCERA Develops Some of World’s Smallest Multilayer Ceramic Capacitors for Mobile Devices
- KYOCERA WINS GOOD DESIGN AWARD FOR NEW MFPs
- KYOCERA RECIEVES “HIGHLY RECOMMENDED” RATING FROM BLI FOR THIRTEEN PRODUCTS
- KYOCERA to Expand Medical Product Development
- KYOCERA Breaks Ground on New Manufacturing Plant for Ceramic Structural Components in Kagoshima, Japan
- For the thirty-third time in its history, the Inamori Foundation has conferred the Kyoto Prize to researchers who have contributed to the fields of “Advanced Technology”, “Basic Science” and “Arts and Philosophy”
- A dream kitchen present under the Christmas tree
- KYOCERA Begins Research in AI-based Image Recognition to Help Diagnose Skin Diseases and Cancers via Smartphone
- KYOCERA DOCUMENT SOLUTIONS CELEBRATES 25 YEARS OF ECOSYS
- KYOCERA enhances its AI-based Online Image Classifying Service “Labellio” with Higher Capacity for Big Data
- KYOCERA’s Kyoto Opal Sparkles in New Glitters by Nail Labo
- KYOCERA DOCUMENT SOLUTIONS WINS TECHNICAL PACKAGING AWARD IN JAPAN
- KYOCERA Technology Used to Create one of the World’s Smallest Crystal Units Awarded Prestigious Research Prize in Japan